The Butts County progress. (Jackson, Ga.) 18??-1915, November 06, 1908, Image 1

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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.