Newspaper Page Text
PAGE TWELVE
Sale Of U. S.
Bonds Given
Average Announced For The
Counties Of This
State
Secretary of the Treasury Mor
.gsnthau hae announced that the
total maturity value of United States
Savings Bonds sold through the
dope of business March 7, 1933
amounted to $1,584,562,875. This to
tal yras purchased by more than
1 26 (r ,000 investors and represents
.
an average sale for each business
day sauce March 1, 1935, when these
bonds were fust sold, of $1,720,375
A record for one day's sale of
Saving* Bonds was set on Monday,
Januray 10. of this year, when $10,
029,775, maturity value, of these
bonds reported sold cn this
single .i mf. Sales by post ofices
throojjhotst -sne country on that day'
2 a
t. CONGRATULATIONS 4 ^
1 t 4
mm 2 2
2 TRAINER MOTOR COMPANY ’A i
2 i f
2 4
2 . ? for Their Excellent New 4
2 2 Station. j
A
i 2 All lumber used in its construction was A
2 'A 2
2 2 furnished by us. A
2 A
2 A
2 PRATT LUMBER 4 ^
2 2 4
2 4 A
2 2 COMPANY ^
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i A 4
introducing SINCLAIR SERVICE COVINGTON. To DOWN TOWN
* ❖ ❖
THE OPENING OF THE NEW SERVE CE STATION of the
TRAINER MOTOR COMPANY
On Gark Street, in their spacious and thoroughly up-to-the minute quarters, makes convenient to Covington buyers the finest motor fuels
and lubricants in existence. If you are not users of Sinclair products, we urge you to try them.
i§*i With H-C Gasoline you will have from your car SINCLAIR SINCLAIR
absolute anti-knock performance. That is,
your engine will have more power on hills, ac- ETHYL ♦ U. S. MOTOR
celerate rapidly, and run smoother under all
conditions. This that ❖ ♦ ❖ ♦> ❖ ’♦ <♦ ❖
means you will have less
shifting traffic and hills, ❖ ❖
in on and will there- is the premium gasoline that meets is refined in complete accordance
fore save money on gasoline. H-C is used in one every demand of the most exact- with U. S. motor specifications.
*<•.«. ut Q*** and one-half million cars daily. ing motorists everywhere. The fuel for the economical buyer.
THE OF LUBRICATION! SINCLAIR LAW PENNSYIVANI^J Mtuevt* Motor Oil tee STnclwr Ratine SINCLAIR
Sinclair Pennsylvania Motor Oil Opaline satisfies the most particu- Is the only company to maintain a staff of engi
For machine of degree of is guaranteed to be refined from 100% It the in all neers who work directly with car manufacturers to study
every every wear Bradford-Allegany crude oil, the lar trade. protects motors and chart lubricating problems. They produce the Sin
pure makes smoothly clair lubrication index which is based manu
there is a scientific oil to suit its speed and seal its power costliest of all Pennsylvania grade weather, cars operate facturers’ recommendations. on car
crudes. and saves repair bills.
SINCLAIR has enjoyed the fastest growth of any major oil company in the world in the past
20 nine years, and one-half and it operates gallons of the oil largest sold is system of pipelines in the world. One gallon out of every wtsrn
SINCLAIR REFINING COMPANY
Phone 90 G. E. PLUNKETT, Agent Lithonia, Georgia
NEW TRAINER’S SERVICE STATION OPENS
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1 The new and modern Trainer’s Service Sinclair Station
i pictured above is and the management of this
now open
j concern invites your inspection.
represented *0,025.350, maturity value
of bond*, and direct-by-maU orders
were received in Washington for
; Savings Bonds of a maturity value
of $1,004,425.
17m sale of Savmgs Bonds for the
calendar year 193T was 34.2 percent
greater than for 1936, and tha year
1936 exceeded the ten-months’ sale
of these bonds in 1935 by 82.8 per
cent.
The total maturity value sale for !
the calendar year 1937 amounted to
$635,419,175, with approximately
800 000 purchasers, and an average
sale for each business day of *2»
n90 m
Detailed analysis of the daily sale
of the post offices throughout the
country authorized to sell Savmgs
Bonds was begun on September 1,
1936 > * n< l I«* the year ending August
31. I® 37 , showed that there was a
maturity value saie of $636,748,500,
nr an average sale of *2.101,300, for
THE COVINGTON NEWS
each business day for the first year
thee* records were kept.
Direet-by-mail and post offiee
sales from Chicago, Illinois, give
that city the lead for the Nation.
Chicago's cash sale for the period
was *251577,200.
Approximately 16.000 post offices
throughout the country are autho
rized to sell United States Savings
Bonds,
The Government to date actually
retains more than 92 percent of all
of the money that has been invested
m Savings Bonds, less than 8 per
cent of the bonds sold having been
redeemed.
■n* mAJ0nty of the re? ‘ 5ter ° a
owners are small n investors who are
buying the bonds out of income
Purchases by individuals represent
apprtximateiy 85 percent of the
amount of bonds sold. Of the re
naming 15 percent, 9 percent was
purchased by banks and corporations,! trust com- j
pames, 3 percent by
and approximately 3 percent by
associations.
There are seventy four Second
Class ofifces in Georgia, and Cov
ington ranks 72 in percaprta sales
during the year beginning Sept. 1st
1936, and ending August 31 1937,
with total sales for the period of
$2,231.25, while the neighboring
towns of Madison and Monticeilo
rank third and second respectively
with totals of $32,643.75 and $30,-
675.00.
While the average percapita sales
for the State of Georgia amount to
$1.50 the local sales amount to only
a b 0U t 28 cents, which is a very low
average These’
securities offer a safe and
’ ound mves ment m denominations
rangmg from $25.00 to $1,000.00 at
a cost of three fourths the maturity
value or $17.50 for the $25.00 braid
and $750.00 for the $1,000 00 bond.
They may be purchased at any time
from the local post office.
Newborn Students
Week-end Guests of
Prominent A tlantan
A rare and delightful experience
fell to the Junior and Senior class
members . of . Newborn .. . . High School
last week as the result of an invi
tstion from Mayor pro tem Robert
Carpenter, of Atlanta, a former New-
Cong ra filiations
Are Due
The Trainer Motor Co.
for Their New
SERVICE STATION
and Their Thoroughly Remodernized Plant.
As its builders we know its design and construc
tion, the materials of which it is made, and the fine way
in which it has enhanced the appearance of the main
thoroughfare through our city.
i s-1 nirri f.
Building and General Contracting
THURSDAY, MARCH 24 .
bora Scto-cfc,? Superintendent.
The students consisted of Mae
Harwell, Sybil Harwell. Mrriam
j Jones Lillian > He!en Butler. Porter Marjorie ' Mary Dans, Birdsong Ralph
1 Adams, Julian Fleming, Walker
Robertson, Wilson Smith, Eugene
Elliott, snd Cecil Whistmont. The^c
with thwr chaperones , M r and Mrs.
w r Porter; Superintendent H, S.
Brumbough; principal. Miss Dimple
Lewis; County Supt. Ficquett, and
Mr. Ike Robertson, reached
Friday afternoon At i
on
in the chirt
at Imperial Hotel, whi
headed by Col, ch
guests. Carpenter as
The week end's activity ^
a visit to the state executive ojj.
\ and . other .. «“t«esting
and educa
aI diversions,
It wa ® the first time m Atkn
for several of the students.