Newspapers / The Kings Mountain Herald … / Jan. 13, 1950, edition 1 / Page 4
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The Kings Mountain Heiald Established 1889 A weekly newspaper devoted to the promotion of the general welfare and published for the enlightenment, entertainment and benefit of the citizens of Kings Mountain and its vicinity, published every Friday by the Herald Publishing House. Krrtered as second class matter at the posto/fke at Kings Mountain; N. C., under Act of Congress of March 3, 3873. Martin Harmon Charles T. Carpenter, Jr. Mrs. P. D. Herndon Editorial Department Eugene Matthews Mechanical Department Horace Walker Paul Jackson Charles Odems ....... Editor- Publisher Sports, Circulation, News ... Society Ivan Weaver TELEPHOHES: Society, 167; Other. 283 SUBSCRIPTION RATES, payable in ADVANCE ONE YEAR ? $2:00 SIX MONTHS? $110 THREE MONTHS? .60 TODAY'S BIBLE VERSE For a Just man falleth seven times, and riseth up again: but the wicked shall fall into mischief. Proverbs 25:16. Slate Of The Union President Truman, in his annual state of the union address, pronounced the na tion fit in most respects, though he point ed to other Fair Deal measures for greater improvement. Generally, however, the President's tone was conciliatory to all sides, busi ness, labor, agriculture and even to the Republicans, customarily his favorite whipping boys. In short, it was as pre dicted, a speech typical of a person who had one eye cocked for this year's elec tions. . With the elections coming up, almost. nil Congressmen am ^nxtoyu lit, i '.ivi: some t-ax' relief; This is a short-run- ap-- - .. ? pFoaohr-wtoch? igflof^os-tho balancing ?f ? the budget. Principal relief, if any, is expected to come in excise taxes, and it does seem high time that these war-born taxes, on transportation* leather goods, furs, jew elry. etc., should be repealed. Yet repeal won't be much help, if, in these prosperous times, the nation is go ing to continue to operate oh defibit fi nancing. It's still impossible to have the cake and eat it too. , V An Associated Press survey reports ? that many service veterans, most of whom will be getting sizeable dividend checks on National Service Life Insur ance during the next few months, plan to save their money. On the other hand, some reported the money was already "spent," meaning that goods had been purchased with the dividend check an ticipated as a means of paying off. Re gardless of the use of the money, it is certain -to prove a boon to business. Those who spend the money will be aid ing the several merchants, while those who save the money will undoubtedly do business with the local agencies which, in turn, will have more money for lend ing to expand business, build homes, etc. Circulation of money ;s an important factor in prosperity, and the service life Insurance dividend will increase that cir culation. A best bow to W. K. Mauney, Jr;, who will h'o;ift th<? March of Dimes fund cam ?paign in Number 4 Township. Past re sponse to this appeal for funds has been all that could be desired, and more. Citi zens are always glad to give to aid chil dren, and it is a fact that infantile para lysis more frequently fells children than adults. Our guess is that the Kings Moun tain area will again respond most gen erously to the appeal for funds to fight polio. Report in last week's Herald on the dividends paid by Kings Mountain build ing and loan associations hi a tacit re-, minder that saving of -'sufficient pennies buil Is quicker than one would think into dollars, for many building and loan sav ings account are built in that way. Kings Mountain has two strong institutions and- citizens should avail themselves - of the opportunity of opening a savings ac count, and adding to it regularly. There's nothing like, a little cache for a rainy day. . V'.< ? :.*nrd of !he eltteeu? of Kings Moun tain in giving 85 pints of blood for the Red Cross area blood bank is a tribute to the Red Cross, the Jaycees who spon sored last week's Bloodmobile visit, and the citizens themselves. Kings Mountain has a good record in giving blood, be coming increasingly vital in the savings of lives. i ? ? 1 Economy advocates In Congress are currently getting the headlines, but our guess is that they won't be by the time \ udget time omes along. Gastonia Road Reiteration of Highway Commissioner Joseph Graham of his hopes for making the eight-mile stretch of road between Kings Mountain and Gastonia a four Jane highway comes in the categorv of good news. Further good news is the statement that he has it on the agenda for '50. While the Herald has not checked with the highway department's statis tics division, it is this paper's gifess that this eight-mile stretch is the most haz ardous from the standpoint of number and frequency of accidents of any eight miles in North Carolina. ' ? . *40*- ? 7 ; ?? ? ' mt trn ffr'tfMi i>W ? " 1 ' Naturally, many of the accidenlsiarc? ? attributable to-driver-lapse?-butr in- fchis -r day of high-speed vehicles and heavy footed motorists, it seems impossible to avoid accidents on heavily-traveled two lane thoroughfares. Of course, even a four-lane boulevard has its accidents, but the percentage is better. Mr. Graham's statement had an "if" in it, concerning federal funds, etc.* and it is quite likely 1950 may not see the widening of this dangerous piece of road. But if the addition can be blue printed and scheduled for construction,' even that will be a great help. Mr. Weathers Announcement last week by State Senator Lee B. Weathers that he would not seek re-election came as a surprise in many quarters, though, if one thinks a little, he can easily understand that four terms of the General Assembly might well be enough. The duties are hard* and the pay in consequential and infinistesimal, when compared to the work involved and the money expended by the several repre sentatives. The district will regret to learn of Mr. Weathers' planned retirement, for as Senator he has served the state and dis trict well, customarily maintaining a balanced attitude toward almost all mat ters coming before the Assembly. By that is meant that Senator Weathers, certainly no strong-minded left-winger, was at the same time no dyed-in-the conservative. He might be called a pro gressive conservative. The statement that would not seek the 11th district seat in the-U. S. House of Representatives was not as surprising since Shelby is expected to have Sena tor Hoey on the ticket this spring. How ever. many people feel that Mr. Weath ers. would make a capable representa tive. and the Herald thinks sQ.too, Most political observers believe that the announcement by William B. Um stead that be wo.nt run against Senator Frank . Graham will have the effect of making Robert R. Reynolds, who had been thinking aboyt a race against Sen ator Clyde R. Hoey, take the same non race-making course. Since Former Sen ators IJmstead arid Reynolds have, been most prominently mentioned as. candi dates against the incumbents, many think now that Hoey and Graham will return to Washington without facing any opposition. i Kings Mountain ^ sally saddened last week by the death of George Modena, longtime citizen and retired railway agent. If Mr. Modena had any enemies, we don't know them. He was a man of most friendly disposition and generous spirit and he was warmly regarded by all who knew him. With almost all government agencies in debt, cart one blame a fellow for sitting in the "Amen Corner" of his favorite banking house?" 4 V ' -| A YEARS AGO Items of news token from the 1940 files of the j[ V/ THIS W EEK Kings Mountain Herald. Mm. Grady W. King, Chairman members of her bridge cftib on of the Tuberculosis Xmas Seals Tuesday afternoon. Sandwiches Sales reported ihat a t?'4*l of and tea wm served after -the 9C6.&1 was derived from the sales game. of the seals. This is the highest! Miss Frances Goforth left aft arnount that has ever been sold er the holidays to enroll at Uni in Kings Mouma n. Mrs. King versity oi North Carolina at Cha asked the Herald to express ' pel Hill. thanks. to the workers and those: Billy Weir, who has been a Who purchased seals. J member of Belk's clerical force, SOCIAL AND PERSONAL I left soon nf;er it holidays to Mxa; E. A. Smith was hostess to enter the University at Tennessee. I #A-V -tSiV Ifi V. ' ' ' ?.??/ '/'*d?&a?2' ? ' m S ' ' ? -v- & >-* v Theodore Thornburft left re cently for school at Ersklne Col lego, after spending two week s with Ms parents. Mr. and Mrs. C. A. Spearman announce the birth of a daugh ter,- Nancy Jane, on Wednesday, January 3. I jib** Cora w*y*? ,s *Pendin? the winter in Florida: Her address is 3000 Ola arenue. > I in" martin's medicine By Martin Harmon (Containing bits of am. wis dom* humor, and comment. To taken WMkly, Avoid over-dosage.) Bess Pastured sv.'. Old Bom. The Fm*. has fi nally gone to pcBtan, replaced by a now model, or at least a newer model. While it cannot be truthfully reported that the new pre? (can t get together on a name far it yet) Is a spir ited three-year-eld. it is rather considerably loss aged and more spirited than Old Bess, whose limbs were getting weak in several spots. b*? The news e* esse* retirement will likely cause a shedding of tears in several spots around town, in cddltton to the Herald office. for many an hour of strain and pain (and Just possi bly an occasional cuss word) have been spent in keeping Bess in operation. 1 refer to Bill Simpson and his staff at Kings Mountain Machine Works. F. W. Davis. HI 11 i CTT d Black and Company at the Mar grace ma chine sbop, Grady King, and several others who have put the welding torch to many spots to repair breaks of one kind and another. b-p But like a true champion. Bess always came through, and she seemed to gain strength to ward the end for the final surge toward the finish line. Bess, or dinarily most temperamental in the busiest seasons, usually saved her most serious displays ? of ailment for the pro-Christ mas i uslu wlills bet more ordi nary. simple.- to repair taixt- * - -rums usually occurred early in the week. But during the past two months she managed very well, taking the December rush in stride with only one minor breakdown, that the re-break ing of an "arm" in her roller assembly, which bad happen ed so many times in caused no great worry or time to fix, / b-p We don't know Just what Bess's age is. and like the deli cate lady she is. Bess wouldn't tell either. But one can always guess..*. b-p lack Harrison, the mechan ical expert who installed the new "daddy-sixe" model, iayi he doesn't know, bat that Bees could be approaching 80, an ex tra ten years oyer the promis ed three-score ten. But there's no guarantee about that. The Herald can account lor 30-plus years of Bess' service. She had been in um at Elbert on. Ga., for about six months when the owner died, and it was pur chased by the late G. G. Page for the Herald. Bess' first issue of the Herald was printed on February 19, 1920, nigh on to 30 years ago. It was the first "at home" issue of the Herald since the Christmas 1919 issue, the paper hiring been printed in Charlotte during the inter vening weeks. Gene Matthews recalls. Mr. Page* in an editor ial note of that time, indicated that Bess was temperamental, ed: "At lastl Well, we hope not exactly that, but after a long time, we hare our new Cot troll press in operation and are 'printing this issue of the Har old on it .... As we write this we have no idea what sort of orint we'll get as there are a- ' bout a thousand adjustments about it and all of them guess ed at. If this paper is printed we'll let us all rejoice. If it isn't we'll turn some more screws and change some gear* and pet it up what we can be fore next printing day. When we get her to running full tilt you can all come in and take a look if you like, but you bet ter wait until we say the word, as you might catch us in a scrape with it." Bess's first effort didn't look too bad. The big news of the ! week was that the late Wiley , McGinn is. then mayor, had de clined appointment by the j toxMy-Tvnr*tTu ttewn ar?M ister of deeds. The issue con ained account of the death of | Forrest Floyd and reported that both Kings Mountain schools were closed due to an inflaen ta epiderriic. The advertising wm interesting too. A Mr. Gold man had purchased Miller's ing the store as and Anton Brothers had a sale on, featuring 5,000 pain of shoes at half-price. Headline Of the Kings Mountain Building and Loan advertisement was "Paying Out *20000." and King* Mountain Oarage, own ed by W. K. Mauney. was fea turing Fordson Tractors. Arth ur Hay was telling the folks where to bay fire insurance Wood rev Wilson was about to turn over the office of president to Warren Harding, and the medicinal editor wasn't bora T*t and put an UnorestlOM on a world of type. Temperament*} at she wo*, all th* prevent Wer b-p Heady- to -Wear b-P Bulletin Published On Turkey Raising "Higher Farm Income with Turkeys," a 40- page bulletin giv ing results of a study of turkey production in Anson and Union Counties, was published this week by the North Carolina Ag ricultural Experiment Station. The publication, illustrated with charts and graphs, was pre pared by Walter H. Pierce, asso ciate agricultural economist. The study was undertaken to obtain information that could be used in planning farm organizations which include turkeys. Anson and Union were selected because they comprise one of the main, turkey . producing areas in the State. ' Pierce points out thkt turkey production has increased rapid ly in North Carolina during re cent years. Cash income from the sale of turkeys advanced from an annual average of slightly more than half a million dollars be fore World War II to 2,6 million dollars in 1916. He attributes the increase to several reasons: (1) turkey pro: duetlon offers a chance to increa se the size of business on farms where the cash crop acreage Is limited; (2) turkeys utilize fam ily labor effectively without in terfering seriously, with other farm enterprises; (3) when well managed, turkeys are an effec tive means for making surplus "feed grains produced on the farm. However, Pierce says, there are several disadvantages to turkey production. One is the great a mount of risk involved because of turkey mortality and the uncer tainty of prices. Another is the large amount of operating capi tal needed. It is essential, says the author, that farmers have a ready mar ket outlet, so the birds can be processed as soon as they reach maturity. "Topies of thelbulletin may be ^brained from the focal- county "agent or" by wrHing tfie Agricul tural Editor, State College Station Raleigh. Ask for Experiment Sta tion Bulletin No. 367. BOTTLED Burlington Sets Unit Sales Record nual 'Report of Burlington Mills Corporation records the largest unit sales volume In the history of the textile enterprise, Chair man of the Board J. Spencer Love points out in his letter to stock holders. Final figures for the compa ny's 25th year of operation show consolidated net sales of $263, 497,94(2, and net earnings of $18-, 218,360 which, after providing for preferred dividends, are equiva lent to J4-30 per common share. These results compare with con solidated net sales of $288,161,509 and net earnings of $31,219,943 for the 1948 fiscal year. After provi ding for preferred dividends, these earnings figure $7.53 per common sh^re. : Mr. Love, in commenting on the record unit sales volume, states that a portion of the increase was due to enlarged production fa cilities, but actually the decline in dollar volume of 9 percent was much more than fully accounted for b., ,?wer prices. World soybean production for 1949 is estimated at 501.7 million bushels, 10 percent below the re cord harvest of 1949. Smaller crops are reported for the Urited States, China, and several of the minor producing countries. i Generally lower prices for live stock and livestock products are in prospect for 1950, partly as a result of increased supplies. ..j GOLDEN GUERNSEY CREAM TODAY! XX Heavy Whipping cteam. ** Coffee or Cereal Cream. % pi. 1 25c' FAMILY FUttND * -ht&f.i :~r' *"? * ? A .aO>;?y u ? bever age, GOtDEN GUERNSEY Milk ? f?(r? energy-value to cooked hnidn, A* half pint of era* an which lop* i each quart make* detlcfaua "emergency" lutter. Try thU? Let GOLDEN GUERNSEY top milk Hand 24 Henri. Crlnj to room MwfiereiHrr. Beat with electric mixer ht $h alt-.xv bowl ?Mil butter MfxiraUi front bit*. termilk. Kneafl Out moisture. S-rfl to Uute! Vets Urged Te Save Part Of NSU Par GREENSBORO. ? Veterans' Or ganizations and their auxiliaries In North Carolina with a combin ed membership o t more than 150,000 are urging veterans to buy U. S. Savings Bonds with at least a part at their National Ser vice Life Insurance Dividends. It Is estimated that more than $50,000,000 in NSLI dividend checks will be distributed to vet erans in North Carolina during the next few months, ranging from $100 to $500 to each. ? The back of each dividend check will bear the words: "Invest It Wise ly ? Buy U. S. Savings Bonds," : rhis special Bond campaign will tie in with a nation-wide ef fort among Veterans' Groups to remind all veterans that U. S. Savings Bonds are ideal financial reserves and are a safe Invest ment for future purchase of a home, for retirement, for educa tion of their children and for e* mergencies. State Commanders of the A m eric an Legion, Veterans of For eign Wars, American Veterans of World War II. and Disabled A merlcan Veterans have appoint ed State Savings Bonds Chairmen who will head up the Savings Bonds program in their respective organizations. Chairmen for the North Caroli na Veteran Groups are: John J. Bernhardt, Concord; American Legion; William J. Moody, Greensboro. Veterans of Foreign Wars; W R. Lewis, Greensboro, Disabled American Veterans; and W. C. McClellan, Raleigh, AMVETS. . - Production of frozen concentra ted orange Juice has increased rapidly during the last few years and reached a total of 10 million gallons last season. Distributed by All Leading Stores PRESCRIPTION SERVICE We Fill any Doctors' Pre scxiptioms promptly and accurately at reasonable prices with the confidence of your physician. Pbones 41-? ?1 Kings Mountain Drag Company THE REXALL STORE We Call For and Deliver CHARTER NO. 5450. Report of Conditon of The RESERVE DISTRICT NO. 5 FIRST NATIONAL BANK of Kings Mountain in the State of North Carolina, at the ck>*e of business on December 31. 1949. published in ^eponse to call made by Comptroller of the Currency, under Section S2U, U. S. Revised Stat* utes. ASSETS Cash, balances with other banks, including reserve balance, and cash items in process of collection .... $ 906,067.30 United States Government obligations, direct and guaranteed 1,264,388.50 Obligations of States and political subdivisions 307,05236 Other bonds, nbtes, and debentures 79,000.00 Corporate stocks (including $6,000.00 stock of Federal Reserve bank) 6,000.00 Loans and discounts (including $ None overdrafts) . 1,057,507.91 Bank premises owned $48,000.00, furniture and fixtures $11,300.00 ...... 50300.00 Other assets 3349-31 TOTAL ASSETS $3,673,25528 LIABILITIES Demand deposits of Individuals, partnerships, and corporations $2,209,895.34 Time deposits of individuals. ?partnerships, and corporations . . 601,126.05 Deposits of United States Government (including postal savings) 92,916 85 Deposits of States and political subdivisions 440,557.73 Other deposits (certified and cashier's checks, etc.) 88,512.88 TOTAL DEPOSITS ; $3,393,008.65 Other liabilities 1 .56022 ?lyi'Al. HAtflL irlfcK at ? j. _ ? _ _ CAPITAL- AOGOUNTS- ? ? - Capital Stock: Common stock, total par, $100,000.00 $ 100,000.00 Surplus ... i v 100,000.00 Undivided profits 46477 jO. Reserves (and retirement account for preferred stock) ... ? 82,500.00 TOTAL CAPITAL ACCOUNTS . . $ 278,677.41 TOTAL LIABILITIES AND CAPITAL ACCOUNTS $3,073,256.28 MEMORANDA Assets pledged or assigned to secure liabilities and for other purposes ...... '. .i. $791 ,200.00 Loans as shown above are after deduction of reserves of , ,, . , . 12,66538 STATE OF NORTH CAROLINA. COUNTY OF CLEVELAND. ss: J, L. E. ABBOTT, Cashier of the above-named bank, do solemnly swear that the above statement is true to the best of my knowledge and be'ief. > L. E. ABBOTT. Cashier Sworn to and subscribed before me this 9th day of January. 1950. M. Carolyn McDaniel, Notary. Public. My Com. Ex. April 28, 1950. CORRECT? Attest: G. A. Bridges L. P. Baker R. L. Mauney Directors BOOKS CLOSE JANUARY 31 All persons are hereby notified that they mast list their property, both personal and real, and all male persons beween the ages of 21 and 59 mast list their ?- - ; ^ ^ t < * ?> ?" ' '?* v ? -'-y C\jr ''r >: ' - > ?' \ polls daring the month of January as required by law. IN THE COURTROOM CLARENCE L CARPENTER!
The Kings Mountain Herald (Kings Mountain, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 13, 1950, edition 1
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