Newspaper Page Text
PAGE TWO
AMERICANS SAVERS,
ONE IN THREE HAS MONEY
IN THE BANK. AVERAGE
$624 PER FAMILY.
Americans abroad may be spenders
but the 100.000,000 who stay at home
are today among the thriftiest, most
saving people in the world, judging
from figures compiled by the Ameri
can Bankers Association, says the
Philadelphia Public Ledger. :
One person out of every three 1
the United States is saving money. the
statistics say. The average is one sav
ing account for every family in the
country. The total wealth represented |
is ahout one-third of all bank resourc
es of the nation. |
All sources of information available
to the American Bankers’ Association
show 26,637.831 savings accounts in
American banks June 30, 1922. Total
deposits on that date were $16,618, -
505.000, or an average of $624 for each
account.
There are at least 10,000,000 addi
tional holders of savings accounts in
varied form, says the association. This
number cannot be reduced to exact
figures. Figures are lacking for thous
ands of state chartered banks which
accept savings in Illinois, Missouri and
23 other states and the District of Co
lumbia, and for all except the mutual
savings banks out of all the state
banks and trust companies in Indi:ma.'
Ohio and New Jersey. The exact fig-!
ures given are only those from the
reperts o fthe federal and state super
visors of banks.
In addition to the millions of sav
ings depositors in these nun-rcportingl
states, which include not only the]
south, with the exception of \'irginia.’
but also the great states between the |
Mississippi and (hw Rockies, except |
Minnesota, there are perhaps 3,“()(),()()(”
owners of time certificates of deposit
which are used in place of savings ac—‘
counts in rural sections, and also the;
500,000 patrons of the postal savings|
system, the 5,000,000 members of;
building and loan associations and oth
er millions who invest the proceeds
of their thrift with life insurance, rvall
estate mortgage and standard indus- |
trial corporations. '
The distribution oi depositors among
various kinds of banks, is as follows: |
Mutual savings banks (17
Sateny ) 0 0 0.664.080
Other state banks (13 states) 6,180.337
Trust companies (8 <tat€9)..2.713.808!
Private banks (New York on
kst T
National banks (all .~tat0>)..,8.015.7361
Total reporfed :... 5., .26:097,831|
The practical importance of the
nearly $17,000,000,000 owned by these
nearly 27,000,000 depositors, says the
association, is that it is a cash item,'
and not enlarged by I)yramiding|
through the use of bank or other cred
it; also it is a fairly stable deposit
against which 30 days’ notice of with
drawal may generally be required.
FARMS FOR RENT.
I will rent my home place at Walk
er, in west Dougherty county, near
Terrell, including 15 mules and all
farm implements complete for fifteen
bales of Webber cotton and $25.00 per
head rent for each mule. I also have
8 new bungalows, 8 barns and deep
wells for 2-horse men I will rent for
500 Ibs. Webber cotton for 30 acres.
My lands are the best grade of red
pebbly. J. J. LITTLEJOHN, Albany,
Georgia. 9-19-4 t
Mulesand Horses
I wish to announce to the buyers of this sec
tion that I will have a carload of nice Kentucky
Mules and Horses to come in today.
Call at my stable and see them
D. A.SMITH |
LEWIS’ OLD STABLE. DAWSON, GEORGIA
BENTHALL PEANUT PICKERS and
PA R] S e
Many new improvements have been made in its construction, making it the most
economical peanut picker on the market. Costs little to operate and requires the
fewest repairs. The Benthall pays for itself on every 200 bags picked. With
the Benthall you and your boys can do the work of a hundred hands and do it
better. Pick your own peanuts and then make money by picking for others this
season. Repair parts are carried in stock and, should you need them, there 1s no
expensive and troublesome delays on account of having to order.
Can
, > )
i ey
A%, ISR 47 L 2 A {». o i ;r .
b'\/ it 4 ;., T s/' - R mIE
\?\“ Efié e;" 4 A ,/' 5, R T G e
s St 8 A » % ; ‘v’_“;- L SRR »’
e et // 3 ‘( 75
X bSR T T . ?@9&3" ‘
y PR T o NTR e
g , QW ' “.,,_‘Ai.- ¥ ;‘~‘ - ; ; ] ' :_"w
USE HIGH GRADE FERTILIZERS
The best economy in the use of fer
tilizer is had when the grower uses
the highest grade he can buy, because
the higher the grade the less worth-
Jess material is being handled. One
of the drawbacks of farm life at pres
ent is that it has so many backaches
in it. and using high grade fertilizer
is onec way to reduce them. For the
last four vears our most popular com
hination has been equal parts of mu
riate of potash and 44 per cent phos
phate, sometimes spoken of as “super
phosphate.” In one afternoon recently
I had occasion to examine the four
best fields of corn in the county. It
took sixty-two miles of driving, but
everv one oi these fields had been fer-
MADE $l,lOO PER
| ’
A REMARKABLE VARIETY OF
SHIPMENTS MADE BY FARM
ERS OF SOUTH GEORGIA.
It is remarkable what a great va
riety of shipments is being made from
almost any station one might name in
south Georgia. For instance, during
the month of June a small station in
Thomas county reports the following
shipments:
147 cars watermelons, 9 cars dress
ed lumber, 3 cars mixed vegetables,
1 car onions, 6 cars cantaloupes, 1 car
potatoes. 212 barrels turpentine, 399
barrels rosin, 29 barrels syrup, 75 bales
cotton, 1,770 dozen eggs, 1,633 chick
ens, a very large quantity of plants,
hides and some milk and cream in
addition.
Other examples of big profits irom
diversified farming in south Georgia
were given out by W. W. Croxton,
passenger traffic manager o the Atlan
ta, Birmingham and Atlantic railway.
Mrs. S. M. Whitchard, of Fitzger
ald, Ga., during June, 1922, received
net returns of $3OO per acre from to
matoes, $l,lOO net per acre from two
and one-half acres of squash during
the spring of 1922, and $750 per acre
in the fall of 1921 for turnips, on 8
acres planted to this crop.
Messrs. Dyer and Denby, located in
Tift county, report a net profit of
$563.80 per acre on cucumbers.
J. M. Hobbs, formerly of Clay
county, Alabama, received $175 per
acre from Meade long staple cotton on
St. Simons Island, Georgia, in 1921.
Prospects are favorable for a better
crop in 1922,
The Thomasville Livestock Com
pany, Thomasville, Ga., in the sale of
pure bred Jerseys, July 4, 1922, aver
aged $4OO per head for 37 cows, of
which a number were heifer calves.
Co-operative poultry sales are being
held at a number of different stations,
and reports from sales already made
show an average price received by
farmers of 25 cents to 28 cents per
pound. Poultry is also being shipped
in carload lots.
T. S. Garrett, of, Charing, Taylor
county, Georgia, sold 1427 crates of
graded sweet potatoes from 8 acres of
'lzmd in 1921; returns, $93.64 per acre.
| THE HIGHEST DAM.
. The Don Pedro dam on the Tuo-
Jlumne river in_California will be the
‘highest dam of its type in the world.
‘Thc engineers expect to complete it
by next February.
tilized with the mixture spoken of
above. One field had forty pounds per
acre. Two fields had sixty pounds and
one field had eighty. The field that
had received the cighty-pound applica
tion was apparently the best of the
four. These four fields were outstand
ing and easily the best in the entire
county. We hope the time will come
when it will be possible for all con
cerns to supply 44 per cent phosphate
so that it will not be necessary to use
a lower grade than this. The farmer
who prefers to get the same plant food
from handling a hundred pounds rath
er than three hundred pounds is not
to be seriously blamed.—" The County
Agent” in Farm Life,
BENBROOK, 85 YEARS OF AGE,
HAS BEEN RE-ELECTED.
PRACTICES GOLDEN RULE.
NATCHEZ, Miss.,— William G.
Benbrook, Natchez’s oldest mayor
both in years and terms of service,
again has been nominated as munici
pal head of Natchez, and the demo
cratic nomination in Mississippi,
whether for state, county or municipal
office, is equivalent to election.
Mayor Benbrook is 85 years old and
has been in office for 33 years contin
wvously. For 20 years he had no op
position and a tradition had grown up
that he would be permitted to die in
office. However, within the past year
a reform movement has been growing
in Natchez with the resuit that a full,
ticket was put in the field, headed by
1.. A. Whittington, wealthy Ilawyer,
banker and plantation owner, as can
diate for mayor.
Ku Klux Klan an Issue.
The municipal campaign which just
closed and resulted in the renomina
tion of Mayor Benbrook and practi
cally all administration candidates,
was one of the bitterest and hardest
fought in many years, for while the
Ku Klux Klan issue was not openly
injected it was an important factor.
Mayor Benbrook based his cam
paign on tolerance and claimed that
throughout his many years of service
he had endeavored to practice the
golden rule.
The mayor is the oldest living past
grand commander of the Knights
Templar of the state of Mississippi;
is the oldest living member of the vol
unteer fire department of Natchez, and
is possibly the oldest Elk in the state,
although he is not sure of the latter.
Missouri Mules Sell at
Lowest Prices in Years
Farmers Are Selling Good Colts at
| $lO.OO to $30.00 a Head.
PARIS, Mo.—Sales that are being
made here of mule colts indicate a
rather sorry market for farmers who
have been raising them this spring,
the prices ranging from $lO to $3O.
Joe Kindig, of York, Pa., who has
been in the country making purchas
es, declares that the present prices are
the lowest that he has been paying
since 1893 when he paid as low as $5
a head. Some of the colts .were extra
good, but even at that the farmers
scemed to be anxious to get rid of
them at $3O a head, the top price.
| Farmers believe that the market will
be bad for some time to come and
that no money is to he made this year
in mule colts.
The present prices are a big con
trast to the $lOO and $125 that were
paid for high class mule colts several
yvears ago.
Brand new stock leather col
lars, wagon lines, wagon breech
ing, plow bridles and buggy har
ness. Quality and price is our mot
to. R. E. McDowell & Co.
THE DAWSON NEWS
THE “MAJOR UPWARD
SWING” IMPENDS
FINANCIERS ALL AGREE THAT
STAGE IS SET FOR PERIOD
INDUSTRIAL EXPANSION.
ATLANTA, Ga—Financiers and
other students of economic skies here
all appear to agrce that the stage 1s
set for a very substantial period of
improvement and cxpansion in indus
try and hence in business generally.
Gradual, but steadv improvement has
been going forward during the last
few months, and there s no doubt, it
is pointed out in Atlanta, that the
general tone in commerce and indus
try is better now than at any time in
the past two years.
What some Atlanta statisticians re
fer to as, the “major upward swing”
seems to be in its incipiency, be token
ing several years, at least, of good
business, on a normal basis. The fact
that *#industrial and labor troubles and
controversies and railroad strikes were
accepted by the public generally in a
more or less matter-oi-fact way, and
without dampening the morale or gen
eral forward-looking spirit of the peo
ple, is pointed to as cvidence of a more
solid foundation ior the present busi
ness movement than Georgia and the
south have expericnced in many years.
With the settlement of the railroad
strike the futurc outlook for better
times has been c¢ven more accentuat
ed.
One of the factors in the situation
pointed out by Forrest Adair, presi
dent of the Adair Realty and Trust
Company of Atlanta and conducting a
national business, as of significance is
the large amount of available money
as compared with the small demand
for capital just at the moment, and
therefore easy moncy rates. Accumu
lation of capital is itseli not an indi
cation of expansion in the business
world, Mr. Adair shows, for it is when
business and industry marks time that
capital accumulates. However, such a
condition in the money market pre
sages such a period of expansion, Mr.
Adair says, for with restored confi
dence, business and industry quickly
begin to resume their forward march
when capital loses some of its timidity
and is available in quantity at reason
able or low rates.
Lessons of Business Depression.
Mr. Adair has put the query, “What
have the people lcarned from the re
cent business depression?” He shows
that when stocks and bonds were de
clining daily, many investors in need
of ready money were forced to sell
their holdings at a great loss. In some
cases the savings of a life time were
swept away. Shrewd investors, he de
clares, are now turning to investments
which are free from fluctuation and
manipulation, such as protected bonds.
Since the day his company was es
tablished 57 years ago, no investor
has ever lost a dollar through a first
mortgage investment which it recom
mended,” Mr. Adair says.
“Money, or capital, like the rest of
us, is getting over its war-time spree
and must go back to work at lower
wages and must do real work at that,
if it earns anything,” Mr. Adair said.
“This condition is highly favorable to
increased business and industrial ex
pansion and progress.”
THE IDEAL PURGATIVE.,
As a purgative Chamberlain’s Tab
lets are the exact thing required.
Strong enough for the most robust,
mild enough for children. They cause
an agreeable movement of the howels
‘without any of that terrible griping.
They are easy and pleasant to take
and agreeable in effect.—adv.
Notice to Creditors.
~ GEORGIA, Terrell County.—No
tice is hereby given to all persons
having demands against Hattie Har
ris, late of Harford, Connecticut, de
ceased, to present them to us properly
‘made out within the time prescribed
by law, so as to show their character
and amount. This 4th day ‘of Septem
ber, 1922.
PARKS & PARKS, as attorneys
for administratrix on estate of Hattie
Harris, deceased.
GE2 M e L
eY ‘ "lv 4 e i g "‘:‘s«
Hay Presses, Rakes <SG a 0
: TR “‘
and Wag()ns ROYAL JUNIOR HAY PRESS
We carry a good stock of all wanted farm machinery and implements and call your attention
to these listed below: _
The Fairbanks Z type gasoline engine has proven itself to be the most economical farm engine made. It is the e_ng"l'e
to use with your peanut picker; to pump water, to saw wood, to bale hay and to operate your ensilage cutter. Simpe
in operation and requires the least amount of fuel. v
The Royal, Jr. Hay Presses are the most substantial and satisfactory hay presses on the market. Combining s
plicity, strength, large capacity and light draft. Baling the hay crop is a pleasure with such a machine.
We sell the Adriance Mowers and Rakes. These machines save time, horses and money in harvesting your croP*
They are the simplest in construction, most substantial, have lightest draft and are easiest to operate. ;
Wagons made especially for use in this section—The Sunny South. In our years in business we have found no ben
ter wagon to offer the farmers in this territory. The best thoroughly seasoned oak and hickory is used and the 1
parts are thoroughly tested to stand the heaviest strain.
Shields-Gei °
elas-ueitse Company
Farm Machinery and Implement Department =
Burglar Gets $l,lOO
From Beneath Pillow
Of a Sleeping Farmer
Another Warning That a Sound Bank
Is the Proper Place to Deposit.
DULUTH, Ga.—A burglar stole
$l,lOO in cash from under the pillow
of C. M. Jackson, well known farmer,
living four miles north of here, while
he was asleep Friday night, according
to a report to Gwinnett county au
thorities. ;
Mr. Jackson is about sixty years
old and was in the habit of keeping
his cash under his pillow. He discov
ered his loss when he woke up, im
mediately notified county officers. He
has been aiding them in their search
for the robber. He believes a stranger
stole the money, according to the au
thorities.
CHARTER NO. 4115. RESERVE DISTRICT NO, ¢
g ;
REPORT OF CONDITION OF THE
D National Bank
AT DAWSON, IN THE STATE OF GEORGIA, AT THE CLOSE OF BUSINESS SEP. 15, 19
B
RESOURCES. |
1. a Loans and discounts, including rediscounts, acceptances of other banks, and
foreign bills of exchange or drafts sold, with indorsement of this bank (ex
cept those shown in b and €).......ccoveeineiiiiiiiinn conieenee. ......$641,516.07 |
sPotal Joans i il ie e R P G i o 641516018
2. Overdrafts, secured, $1,703.39; unsecured, $147.44/ . .......... ...ccooiviiiiiin Liial 1,850.83 |
4, U. S. Government Securities Owned: -
a Deposited to secure circulation (U. S. bonds par value) ................. .$100,000.00 ,
b All other United States Government securities (including premiums, if any). 2,550.60 1
Poatal ol e e e e soo 102 56(/068
5. Other bonds, stocks, securities, €tC.O .......coveriien toiriiiiiines ittt 8,250.00 |
6. Banking house, $5,189.74; furniture and fixtures, $2,003.08 .......... ... ...l 71928
7. Real estate owned other than banking h0u5e........... «..o..coiiie civiiiiinnieans, 11,6183
8 F.awiul reserve with Federal Reserve Bank, . ...l o o oh, (L 0 Nhil il aniiinn i, 18,8209
10, €ash in vault and amount due from ndtional banks = . ... oL oo anie L GG 109,34278
11. Amount due from state banks, bankers, and trust companies in the United
States (other than included in Items 8,9,0 r 10)............ .....ooviei viiiiieailnt, 34,334.22
13. Checks on other banks in the same city or town as reporting bank (other than
Tfem 12) 50 g o g e eel g T e 2823
Total -of Tems 9: 10 -12 and A 3 .. .o vas o e s 5 BTRG 70037
14. Checks and drafts on banks (including Federal Reserve Bank) located outside
of city or town of reporting bank. i ... i. ai ot it LB L e Dol 260.59
15. Redemption fund with U. S. Treasurer and due from LS. Breasuter.. . o 0 i Fiwia 3.000.00
i el s R e e T e R e L L S §043 18008
LIABILITIES. :
17. Capital stock Paid iD...........cceveneriveesecasccscnse sosncssrsesse essassascseas..s 100,000
IR BMeblti THOE 000 i as biysasST RN F S R et arad sveada sk ande . JORIDN
19 Tindivided pEoßits ... ..., i o 0 it ia i T S g ....$95,915.66
¢ Less current ekpenses, interest and taxes paidJ......0 ..........00 ..ol 4,565.82 91,3494
20 Circulating notesioutstagding. .. ...l .00 lub il n e v g S 99,000.00
23. Amount due to state banks, bankers, and trust companies in the United States
and foreign countries SOther than micluded in Ttews 21 a¢ 22) ~ .20 oot oy, 7,061.73
24 “Coftifed checksioufStantiiß.. = <o i s e 450.00
25 auhier’s ehecks outstanding | .-, .. i s b Bl T a e L i e 4.669.43
Total of Tfems 212223 24 and 2%, nnct 000 el oPREE NN
Demand deposits (other than bank deposits) subject to Reserve (deposits pay
able within 30 days):
26 Individual debosits subject toichéek. .. oo 00 LrngLek R s i, . 230, 50505
27. Certificates of deposit due in less than 30 days (other than for money b0rr0wed)......... 5,368.74
Total of demand deposits (other than bank deposits) subject to Reserve,
Ttamsi2b 27 2829 800 and 31 . oo il esLl L n2ad RY 8
Time deposits subject to Reserve (payable after 30 days, or subject to 30 days
or more notice, and postal savings):
32. Certificates of deposit (other ‘than for money borrowed) ............. (... v .oiias. 94,639.50
Total of time deposits subject to Reserve, Items 32, 33, 34 and 35........594,639.50
39. Bills payable (including all obligations representing money borrowed other
than rediscoßnts)y.. eTe ol o el sl Ll is e 10500010
40. Notes and bills rediscounted, including acceptances of other banks and foreign
bills of exchange or drafts sold with indorsement of this bank ....................... 96,715.60
Pakal o el es T s e e 804370
STATE OF GEORGIA, County of Terrell, ss:
I, B. C. Perry, cashier of the above-named bank, do solemnly swear that the above statement is trut
to the best of my knowledge and belief. B C. PERRY, Cashier
Subscribed and sworn to bhefore me this 19th day
of September, 1922,
C. W. MOORE, Notary Public.
About three acres of land with four tenant houses i,
good condition, north of Central of Georgia Railway,
touching north Main Street and within the city limits,
One blacksmith shop and garage on lot 200 feet
100 feet on north Main Street and within the city limits;
one of the best locations in Dawson for manufacturing
plant.
Dawson,
B. L. JOHNSON, 2:so
TUESDAY, SEPT. 26, 1,
CORRECT—Attest:
R. L. SAVILLE,
AL
W. H. DISMUKE,
Directors.