The leader-tribune. (Fort Valley, Peach County, Ga.) 192?-current, June 11, 1925, Image 10

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ANNUAL AUDIT OF THE CITY OF FORT VALLEY UNO THE WATER AND LIGHT BOARD AUDIT COMPANY OF THE SOUTH Atlanta, Ga. April 20, 1925. Hon. R. I). Hale, Mayor, City of Fort Valley, Fort Valley, Georgia. Dear Sir: Attention is called to the financial condition of the City, which is first class. The City has no current lia¬ bilities, with the exception of the balance due on paving contract, which is offset by unpaid assessments of prop¬ erty owners. The City has current assets of $27,351.35, and current liabilities of $2,627.72; the excess of current assets amounts to $24,723.63. The net bonded debt is $50,581.31. Respectfully submitted, Charles James Metz, President. CITY OF FORT VALLEY CONSOLIDATED CASH STATEMENT March 31, 1925. GENERAL FUND CASH BALANCE APRIL 1, 1924 $ 7,388.64 $ RECEIPTS FOR YEAR ENDED MARCH 31, 1925 130,826.98 138,215.62 EXPENDITURES FOR YEAR ENDED MARCH 31, 1925 130,031.25 TRANSFERRED TO SINKING FUND 3,994.74 134,025.99 CASH BALANCE MARCH 31, 1925 $ 4,189.63 DETAIL OF RECEIPTS—GENERAL FUND From April 1, 1924 to March 31, 1925. Deparlmenls Ordinary Extraordinary Total General Government Property Taxes •t U Current Yenr $33,464.75 $ % Previous Years 8,595.32 Tax Costs 512.14 Special Licenses and Taxes: 6,746.00 A. J. Seals 159.77 49,477.98 Public Safety: Police Department: Fines and Costs 2,302.85 2,302.85 Public Service: Street Department .,4 Street Taxes 1,344.00 Sewer Connections 14.00 Sale of Material 41.75 *<■ Special Assessments 54,801.34 56,201.09 Public Cemeteries • >aL Sale of Lots 80.00 80.00 Public Debt •! Loans Made 22,257.34 22,257.34 Public Interest Interest on Sinking Fund 492.72 492.72 Unclassified 15.00 15.00 TOTAL $53,195.58 $77,031.40 $130,826.98 DETAIL OF EXPENDITURES — GENERAL FUND. From April 1, 1924 to March 31, 1925. Departments Ordinary Extraordinary Total General Government $ $ Mayor-Salary $ 500.00 Council-Salary 300.00 Clerk and Treasurer 780.00 J Advertising 114.84 Legal 700.00 .A / Supplies and Printing 323.10 Tax Assessor and Clerk 200.00 * s Official Bonds 50.00 Auditing 78.50 Postage 50.00 Incidentals 165.61 Telephone 5.67 Elections 2.25 i 3,269.97 Public Safety: Police i Regular Police 2,760.00 tw. Special Police 545.16 Maintenance of Prisoners 125.50 ■rfi * ■ 111.51 3,542.17 Supplies Fire Wages <" K 1,911.16 Supplies 76.89 Repairs 234.83 Incidentals 8.98 2,231.86 Public Health, Sanitary Wages 1,132.27 Supplies 126.13 Incidentals 599.55 1,857.95 Public Cemetery 1C Wages 273.82 Keep Poor Peaches at Howe From Fruit Trade Journal, New Y’ork The good prices which Georgia peaches have been bringing in New York and other markets since the season opened ought to encourage growers to co-operate with receivers and distributors along proper lines. There is really no doubt that the or chardists could, if they tried, maintain strong markets all over the country. They could, if they took the trouble ship only good peaches, keep the small sizes at home and make the marketing of unmerchantable varie ties as exceptional as counterfeiting or smuggling against the tariff laws, That growers are entitled to cost of production, plus a reasonable for their fruit, is an undisputed fact. The average grower in the past, has paid too little attention to glutting some markets and neglecting others, to his overhead cost of orcharding and to the fact that the railroads only benefit by shipping poor peaches. The great majority of growers are capable and honest, but a small per- t s a 1 11 m THE LEADER-TRIBUNE, FORT VALLEY, GA., THURSDAY .JUNE 11, 1025. centage of careless, men believing the incredible and less of consequences seem to act the theory that “everything is for best in this best possible of worlds,” and that there is no sity for pondering over the tions, capacities and requirements markets, or to adequate over grading and packing. It is miliating to recall the quantities shipped from Georgia after year that were not good to bring freight and packing penses. The loss this incurred not concern the growers so were it not for the fact that it volves a loss of confidence in peaches, unfavorable publicity and possible slump in their There has never been a time LOW OPERATING COST FULLER & JOHNSON MODEL ,“N” GASOLINE ENGINE Thousands of Fuller ft Johnson engine, have given satisfactory and constant service for ten to twenty years, at a very low operating cost. That's because every Fuller ft Johnson engine is constructed witlt sufficient weight and strenpt h to withstand tne shock and strain ot continuous operation under full load The mattr.als used are the verv finest and the highest type of engineering and mechanical skill is employed m their construction. ♦.,v It costs you less to use the best. See the samples on our display floor. mm T. M. Anthoine, I) FT. VALLEY, GA. rM Built in sizes 1^,2 3, 5, 7, 9 and 12 H. P. Gasoline, Kerosene, Distillate Engines r - SA I METHODIST CHURCH Thos. H. Thomson, Pastor Sunday school, 9:30 a. m., Judge H. A. Mathews, superintendent. Preaching by the pastor at 11a. m. and 8 p. m. Meeting of Epworth League at 7 p. m. i Union prayer meeting, Wednesday at 8 p. m. at Presbyterian church, Rev. E. J. Saywell, of the Episcopal church, in charge. To all services the public is cor¬ dially invited. consumers have been as willing and ready to pay good prices for at¬ tractive, sound peaches of desirable size as at present. This being so, growers should not again fall into the incurable, colossal blunder of trying to make consumers buy peaches they do not want and which shippers themselves would not eat. Land 200.00 473.82 Public Service: Streets, Sewers and Sidewalks, Maintenance Wages 5,318.10 Tractor and Truck 1,538.87 Supplies 691.60 Repairs 177.30 Sprinkling 5.00 Incidentals 155.08 Equipment 614.97 Permanent Improvements * Paving 5,572.70 Sidewalks 6,281.32 20,354.94 Public Education School Maintenance 18,731.90 $ $18,731.90 Public Property Repairs 6.68 Insurance 409.76 416.44 Public Debt, Floating Debt Notes Paid 22,460.00 Accounts Paid 51,421.35 73,881.35 Public Interest Floating Debt 240.85 Bonded Debt 4,500.00 4,740.85 Unclassified Thomas Library 480.00 Refund License 50.00 530.00 TOTAL $43,480.91 $86,550.34 $130,031.25 * CITY OF FORT VALLEY WATER AND LIGHT DEPARTMENT AUDIT COMPANY OF THE SOUTH April 20, 1925. Mr. II. M. Copeland, Chairman, Water and Light Board, City of Fort Valley, Fort Valley, Georgia. Dear Sir: In accordance with your instructions, we have made an examination of the books and accounts of the Water and Light Board for the year ended March 31, 1925, and transmit herewith the following statements: EARNINGS AND EXPENSES CONSOLIDATED CASH STATEMENT COMPARATIVE EARNINGS AND EXPENSES. We did not verify accounts payable by correspondence. The Clerk informed us that all bills had beetr paid with the exception of purchases during March for current expenses. The net earnings of the Water and Light Department for the period under review, as shown by the Earnings and Expense statement, was $18,609.07, to which should be added lights for streets and public buildings, estimated at $1,800.00 per annum, and water for street sprinkling, fire department and public buildings, esti I mated at $978.00 per annum. The Water and Light Plant represents an investment of $139,775.45. There are outstanding Water Bonds of $5,000.00, and Light bonds of $12,000.00, on which the annual in¬ terest amounts to $850.00, leaving a net balance, after allowing for all interest charges, of $17,759.07. The excellent showing of this Department reflects able and conservative management. The books and accounts of the Water and Light Department have been well and accurately kept, which should reflect credit on the Clerk in charge. Respectfully submitted, Charles James Metz, President. EARNINGS & EXPENSES From April 1, 1924 to March 31, 1925. EARNINGS Sale of Water and Electric Current $43,187.88 EXPENSES Salaries and Wages $10,256.04 Repairs and Renewals Materials $ 3,042.33 Wages 9.00 3,051.33 Plant Supplies 429.37 Fuel 12,259.15 TOTAL 12,688.52 I et— .... Less Fuel and Supplies sold 2,270.57 . 10,417.95 Incidentals 1,296.97 TOTAL EXPENSES 25,022.29 * NET PROFIT I 18,165.59 / Meters Sold 443.48 18,609.07 i j Extension of system 4,140.01 $14,469.06 CONSOLIDATED CASH STATEMENT WATER AND LIGHT DEPARTMENT March 31, 1925. Cash Balance April 1, 1924 $ 176.69 Receipts for Year Ended March 31, 1925 1 Ordinary 45,901.93 i $46,078.62 Expenditures, Year Ended March 31, 1925 $31,432.87 Cash Balance, March 31, 1925 14,645.75 $46,078.62 C. C. Winkler Here C. C. Winkler, of the C. C. Winkler Co., Vincinnes, Ind., was here Sunday and Monday as the guest of John Da vid Duke. Mr. Winkler is the largest watermelon operator in America and was m this section making a survey of prospects for the 1925 watermelon crop. He was very optimistic and spoke in terms of high praise for the opportunities which lie before the people of Peach county and the whole state of Georgia. He declared his belief that the people of this sec tion have only to exert themselves in a powerful, co-operative way to real¬ ize an era of wonderful development and prosperity. Georgia has more than half a mil¬ lion horsepower of hydro-electric current developed; companies spent last year more than $25,000,000 in new development; and there are a Laborers Wanted for Icing Cars HIGHEST WAGES Restaurant and Sleeping Quarters on Premises. PAY OFF DAILY REPORT AT ONCE Atlantic Ice & Coal Company FORT VALLEY . GEORGIA. i million horsepower yet to be har¬ nessed. ! W. HAIL AND TORNADO tfi INSURANCE $ City Realty Company jjj ffi SAM PATTON, Realtor tfj 565 Mulberry Street * IS Macon, Ga. £ l Sfi NORMAN INSTITUTE A Grammar School. High School on SOUTHERN ACCREDITED list, Two years College, Business College, All Specials, Supervised Study, No Loafing, Girls Chap¬ eroned. All Conveniences. $28.00 per month or $84.00 per term. SUMMER SCHOOL JULY' 27th, Fall term September 7th.—Write for catalog. L. H. BROWNING. President. Norman Park, Georgia. 6 PER CENT 1 FARM LOANS 6 PER CENT AN UNLIMITED SUPPLY OF MONEY To place on desirable Peach, Hous¬ ton, Macon and Crawford County farms By N. P. BASSETT FORT VALLEY, GA. Phones 22 and 2004. 6 % 10 YE ARS 6 %