Newspaper Page Text
BUI'TS COUNTY PROGi^
VOLUME 26
PRES. FINLEY TALKS
OF SOUTH’S PROS
PERITY.
Washington, Oct. 29.—Presi
dent Finley, of the Southern
railway company, who has just
returned to Washington from an
inspection trip of two weeks over
the lines of the system, found
evidences of improvement in
in business conditions and of a
general disposition on the part of
business men throughout the
South to take a hopeful view of
the future. Speaking of the in
formation he had gathered on
his trip, Mr. Finley said:
‘ Trices for pig iron are firmer.
Southeru furnaces, as a rule,
have sold their product up to the
end of the year, and the increas
ing number of inquiries for iron
warrant the expectation that or
ders will soon be placed for bus
iness during the coming year.
“Lumber is more active than
for some months past. Especial
ly is this true of the grades
shipped in box cars. The present
demand will be augmented by
increased requirements from rail
ways, principally for car repairs,
as some of the railways are con
tracting with car companies for
some of their heavier repair work.
“One of the most encouraging
signs of reviving industtial ac
tivity is the increasing move
ment of steam coal to industrial
centers. The usually warm
weather of the present fall is re
tarcftng the movement of do
mestic coal.
The cotton crop is early and
the fibre is moving to market in
larger volume than at this time
last year, although as a result
of the stagnation which has pre-
vailed in the cotton goods mar
ket, prices are lower than a vear
ago. The demand for cotton
seed products is good and they
are moving freely.
‘ ‘The domestic market for cot
t)n goods shows indications of
gradual improvement, Owing to
the accumulations of large stocks
and to other causes affecting that
market, there is at present little
demand for cotton goods in the
north of China. Aside from
this, the export demand-is fairly
good, and those mills interested
in the north of China trade are
looking forward hopefully to a
renewal of sales for that market.
“ Grain traffic into the South—
especially corn —is light. This is
due, in part, to the relatively
high price of corn and the low
price of cotton, and in part to the
fact that at this season of the
year the South is consuming its
own grain.
“ Merchandise stocks which
had Been permitted to run low
during the business depression
are being replenished conserva
tively. Retail trade in the cities
is good, but as a result of the low
price of cotton and of a disposi
tion on the part of retailers to
buy cautiously for the present,
jobbing trade is still somewhat
restricted.
“While some lines of business
fiave not yet shown as much im
provement as might be wished,
I believe that conditions gener
ally are decidedly better than at
*any time since the beginning of
Clearing Reservoir
Sealed bids are asked for clear
ing the whole or any part of the
land that will be covered by
back water from the dam now
being erected at the foot of
Capp’s and Lloyd’s shoals in the
Ocmulgee river, in Butts and
Jasper counties, Georgia.
The land to be thoroughly
cleared of standing or fallen tim
ber, brush, stumps: etc., in ac
cordance with specifications or
information furnished by J. G.
White & Cos., Jackson, Ga. Bids
are asked in the following man
ner:
First: At so much per acre for
the land actually cleared; the
company reserving all merchant
able timber and cord wood.
Second: At so much per acre
for the land actually cleared;
Statement of the Condition of the
First National Bank
OF JACKSON
At the close of business Saturday, October 31st, 1908.
ASSETS.
Loans and Discounts, 97 467.83
Overdrafts .... 405.11
U. S. Bonds and
Premium, ... 20 816.56
Banking House and
- . . . . 6 568.33
CASH:
Due from U. S.
Treas. . . 1,000
Due from
Banks, . 22,217.92
In Vault, . 9,496.52
32 713.44
157 972.27
The increase in the volume of our business causes us to call
your attention to the growing condition of our bank, and; to IN
VITE YOU TO PLACE AN ACCOUNT WITH US.
JAS. F. CARMICHAEL, Pres. J. H. CARMICHAEL, V.-Pres.
A. HOMER CARMICHAEL, Cashier.
Every Facility at the Disposal of our Depositors
Payable .on
Demand
If you caray money on your person, or keep it in your
house, no matter how secure you think it is, “it is pay
able on demand” when the burglar comes around; you
not only lose your money, but your life is in danger. If
the house burns down where is your money.
Don’t ever let this happen to you. but deposit it with
us.
W T e are insured against every loss and your money is
safe and secure.
We have a Burglar Proof Safe and an Electrically
Equipped Vault. #
THE JACKSON BANKING CO.
F S ETHERIDGE, A. H. SMITH, A. F. McMAHON,
President Vice-President Cashier.
JACKSON, GEORGIA, FRIDAY, VOVEMBER 6, 1908.
without any claim on the timber
or cord wood.
Bids are lo be addressed to
Georgia Construction Company,
care J. G. White & Cos., at Jack
son, Ga., and plainly marked
BIDS FOR CLEARING RESER
VOIR
Bids to be received not later
than Dec. Ist, 1908, and the
company reserves the right to
except the land purchased from
any individual owner or reject
any and all bids received.
For particulars as to the man
ner of doing the work, the time
of completiou, etc., apply to the
Superintendant of Construction
for J. G. White & Cos., at Jack
son, Ga., or at the dam site.
Georgia Construction Cos.,
W. J. Massee, President.
LIABILITIES.
Capital Stock, ... 50 000.00
Surplus and Undivided
Profits, .... 10 960.67
Circulation, .... 20 000.00
Deposits, .... 51 899.23
Bills Payable and Re
discounts, ... 25 112.37
157 972.27
the business depression a year
ago, and that we have reason to
look forward to a gradual return
to a higher level of prosperity.”
BANK INCREASES
CAPITAL STOCK
The First National bank of
Jackson has increased its capital
stock from $30,000 to $50,000.
The surplus now amounts to $lO,-
000. Established in 1901 with a
capital stock of $30,000, the
growth of the bank has been
steady and sure ancf today ranks
as one of the leading financial in
stitutions in this portion of the
state. The statement of deposits
shows that the First National
bank is doing a large and increas
ing business.
A NEW STORE
GOING UP
The handsome new store of
Mr. S. H. Thornton will soon be
completed and he hopes to be
able to move in in the establish
ment by the first of December.
The dimensions of the building
will be 27x95 feet. Mr. Thorn
ton, who until recently, was in
the grocery business, will put in
anew and up-to-date line of fur
niture, coffins, caskets and house
hold furnishings. When com
pleted the store will be one of
the prettiest in the city and quite
an addition to the business houses
of the city. Work on the build
ing has been delayed on account
of a failure of some lmmber to
arrive on schedule time, but now
that all the material is on the
ground the work will be rushed
to an early completion.
The home stretch proved to be
interesting enough but it was the
returns that told the tale of suc
cess and defeat. In the mean
time it is expected that the An
anias club will receive several
jiew members as a result of the
guesses that were made before
Tuesday
Let every man who has the
good of his city and county at
heart go to work and sign the
petition for an election for a road
tax. The good county of Butts
needs every convict she can get
to work on her roads.
On account of the election
Tuesday a good many people were
in the city, interest in the elec
tion being general throughout
the county and state.
Now that the election is over
the “I told you so’s” will get in
their work with fiendish glee.
Macon and Augusta are eyeing
each other with a good <JeaJ of
envy while the fairs in those
cities are in progress.
The weather man tried to throw
a damper over the election in
this section Tuesday by sending
occasional showers, though the
people’s ardor was not to be
hushed by such a mild-mannered
protest of things elemental.
Tax Collector Carter has been
in the city part of this week col
lecting taxes.
>us —We have
,e selling them
or a minute:
he year is here
* constant need
For your own
I be acquainted
Marvelous Cold
s so named be
irfection in the
lfacture.
iis cream. From
dewpoint it is
The monthly meeting oi unr
County Commissioners was held
here on Monday.. The usual
nnmber of routine matters were
transacted.
Now watch the country go for
ward just the same as if no elec
tion. Prosperity comes from
work and not from counting on
political parties to lay in on inch
thick
MEETING CALLED
The citizens of Butts county
are requested to meet at the
court house at 1 o’clock, Nov. 7,
for the purpose of selecting two
delegates to the meeting of the
cotton convention which meets
at Memphis, Tenn., Nov. 10-11-
12. Everybody interested are
requested to be present.
B. Evans.
PUBLIC SALE
At public sales day here Tues
day there was but little doing
and only one piece of real estate
sold. Sheriff Wilson sold the J.
D. Aiken property, located in
Coody’s district, fifty acres of
land for SB2O. This is considered
a fair price for the property,
though real estate here often
sells for better prices.
A number mules and other liv.;
stock were also sold.
TAFT ELECTED PRESIDENT
Taft is elected president re
ceiving 301 electoral votes against
Bryan’s 182. Taft won in 18
counties in Georgia, Watson got
6 and Bryan the others.
As to Butts county, Bryan got
348 votes, Taft 167, Watson 131,
Chafin 5. .
Watson carried Iron Spring
and Dublin districts. Taft got
Pepperton. Chafin didn’t carry
a district and Bryan got the
others. Higsen didn’t get a vote
The vote in Butts county was
light as is evidenced by the fact
that of a total regristration about
1450 only 651 votes were polled.
Bryan’s majority over his oppo
nents in Butts county was 45.
There was but little .interest man
ifested in the outcome. Con
gressman Bartlett ran behind
the ticket in this county.
Best bargains in shoes at H.
G. Entrekin’s.
Go to H. G. Entrekin’* for
millinery goods.