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Show 1 THE RICH COUNTY IUsaPER, RANDOLPH, Ui BANKING SYSTEM FARM ACCOUNTING Bertie Goes to the Circus SHOWS PROGRESS ; in REVEALS LESSONS By CHET GRANT State Bank Resources Grow $). McClure Newspaper Syndicate. WNUervtc More Than Three Billion Dollars in a Year Horse, plugging and THE Iron achieved the crown of the NATIONAL BANKS American Bankers Association Gives Details of Banking Institutions and Notes Stronger Condition NEW YORK. Continued improvement in the condition of state char tered banking institutions, with an in crease of more than three billion do) lars in a year in total resources, in a report just issued by th( State Bank Division of the American Bankers Association. The report was prepared by the di visions Committee on State Bank Re search from data furnished by stat banking departments and parallels data issued, by the Comptroller of thi Currency for national banks whict-shosimilar improvements. The combined resources of 10,473 state supervised banks were $35,724. 723,000 as of December 31, 1935, .tin state bank report says. Total depos its amounted to $30,526,920,000. Tota loans and discounts stood at $12,430 ,404,000 and total investments were 4 ' , $14,170,421,000." , A year previous, tables in the re port show, there were 10,644 state su pervised banks, with combined re sources of $32,680,203,000, total depos its $27,297,959,000, loans and discounts $13,060,033,000 and investments $12, 582,325.000. . ' last , hill, the one that overlooks and came to a momentary halt. Georgie Blake nodded down to his right and barked savagely, Theres your doggone circus!" Uttle Bertie, aged six, repressed a shriek of delight and merely grinned. Bertie was psychic. He realized that his cousin Georgie was in no mood for overtures of any kind. Life was Indeed a burned doughnut to Georgie. guiding the Iron Horse down to the circus grounds. Another perfect holiday spoiled ; another posi tive proof that his parents were in league against his happiness; forcing him to take little Rertie to the circus when his whole being yearned to be with one Mabel Porter. His mothers parting shots still rang in his ears. Dont you dare let anything happen Dont you dare overto little Bertie load his stomach ! , Dont you let go of his hand! 'Gripes! Youd think the troublesome little hellion was made of solid gold! Cmon." Georgie growled, climbing And no out of the parked Iron Horse monkey business, feller," he warned. You stick close to me If 1 lose you ll leave you here for the circus folks. Theyll feed yon to the tigers. Who can resist a circus? Even Georgie. after an hour in the Big Top, had to admit that he waS enjoying himself. But it was at the pink lemonade stand that the world took on Its rosiest hue. The lemonade was served by a girl in a crisp gingham dress. She had lots of blond hair and saucer blue eyes. Georgie drank three glasses as slowly as possible, but the girl never so much as smiled at him. And right at that moment Rertie disappeared into thin Fox-boro- GAIN steep ; Classes of Institutions. Of the reporting state banking in stitutions on December 31. 1935, $2. were1 commercial banks, the repor trust companies, almosi states, 9 9 stock and mutual savings banks were private banks and less than 1 The report adds: The parallel upward movements ot deposits and total invested funds of total state supervised banks during the years 1934' and 1935. after declines in these items in 1932 and 1933, are in dications of definite steps toward re covery in banking. Based on figures assembled for tn tal state supervised banks on resources and liabilities as of December 31, 1931 to 1935, It is noted: (1) that deposits in 1935 rose approximately 12 per cem over the previous year, as compared with an increase of about 9 per cen in 1934 over the year 1933. and decline? of 7 per cent and 12 per cent in 193: and 1932. respectively, from the pre ceding years of 1932 and 1931; and (2) that total inyested funds Increased by approximately 2 per cent in 1935 and also in 1934, while they had decreased by 9 per cent in 1933 and by 11 per cent . . air' in 1932. Analysis Shows Stronger Positions In a survey and analysis of earnings and expenses of state banks doing a commercial business, it is brought out that in a majority of states they have increased their earning ability during 1935. On the basis of data coveting 7.928 banks in 42 states, the report says: The most significant fact to be pointed out is that new profits of etate on banks after deducting charge-off- s loans, investments, etc..' and adding recoveries were shown tn 37 of the 42 states which reported in 1935. in comparison with net profits in only 11 of the 35 states reporting in 1934. Measured in terms of dollars per each $100 of invested funds, net profits in 1935 ranged between $2.40 and $.10 per $100. with 19 states showing profits of $1.00. or over, per $100; while in 1934 net profits did not exceed $1.20 per $100 and only three states showed profits of $1.00, or over. The report contains voluminous tables showing the resources and liabilities of all classes of state chartered institutions and detailed analyses of earnings and expenses by states and state banks of ' insured commercial grouped by size pf banks. Bankers Help Farmers Club work The conviction that lays the foundation for sound citizenship and intelligent farming influenced a New York City bank executive to contribute $500 to the Agricultural Committee of the State Bankers AssoClub activities ciation. to further in the state. 1 am convinced that the work i3 so worthy, and is being so1 well handled that it should interest those who believe in building sound citizen ship, as well as intelligent farming for the future, he said. Unusual prominence was given this past year t6 agricultural work by the Tennessee Bankers Association. The Agricultural Committee report reveals hearty cooperation between' bankers and e.xtensjon workers. Key bankers , , The three glasses of pink lemonade became u ball of ice In Georgies stomach lie gazed frantically around and suddenly saw Berties suit squeezing through the crowds. With a yelp of . age Georgie set off In pursuit. Com lug up behind his unsuspecting victim he scooped him into his arms. For two cents Id belt you one." Whats the idea Georgie rapped out. of running away when "You belt me, brother." a deep bass voice rumbled In the squirming burden Georgie held, and Ill sock yon one myself!' Georgie dropped the midget as if he were a hot coaL, and was relieved when that diminutive gentleman ... , stalked off. . Wiping the perspiration from his brow Georgie went into the throng again. xHe passed through and skirted the crowds before the side shows. He looked behind booths and under gaming tables. He stood still and yelled "Bertie!" until people stared. Just when he was ready to look for a policeman by some coincidence, he found himself at the pink lemonade stand again. Wonder of wonders, the blond girl smiled at himl "Im glad you came Your little hack." she greeted him. me. He cousin has been helping crawled under the table, you know. She handed Georgie a tall glass of the Here, cool, off. rosy liquid Well, she was stunning to Georgie. so he grinned amiably at Bertie who was stacking empty bottles behind the counter. All was right with the world. Georgie ordered another glass of the cooling beverage. It was like neotar coming from her hands. He wanted to tell her something of the sort, but lost his nerve. : Instead he asked for another glass, and another , , . You must like that stuff," she observed; frowning., ' "Its swell, Georgie enthused. Like r you," he dared to say. "Thats no compliment she smiled. Well, anyhow." Georgie grinned, a couple of glasses wont hurt me. I . uk I . scuse me. A couple I Youve had tea" The girl ted Bertie outside the stand. Youd better get your big cousin started for home." she advised. . ... . 1 Council Meet in Tree Natives in Senegambla, French West Africa, use the inside of a large baobab tree as a council house, and statues have been carved in the trunk to the entrance 4-- 4-- of Sound Business Management That Apply to All Farms Principles . An analysis made of detailed records kept by a group of Wisconsin farms revealed several important lessons and the principles of sound business management derived from them apply equally well to other farms, says an article In the Bulletin of the Agricultural Commission of the American Bankers Association. The article says: Investment costs. Including interest, depreciation, repairs, taxes and in surance, are approximately of all farm costs. Furthermore, these costs are largely independent of the production program of the farm. This means that if a farmer cuts his production of crops or livestock, he increases his investment costs per unit of product produced, as a smaller number of units must then carry as large an expense load as before. This illustrates the importance, from the standpoint of costs, of opefating a farm at or near capacity. Investment mistakes are more costly than many others because they cannot easily be corrected. If a farmer pays too much for his farm, his investment costs will be abnormally high as long as he owns it. If he constructs a $4,000 barn, when a $2,000 barn would have served his purpose, he will have excessive barn costs, year after year, during the entire service life of the structure. This emphasizes the importance of a knowledge of Investment values and the specific investment requirements of individual farms. two-third- OF STRAIGHT WHISKEY As you prefer in Bourbon or Rye s It bears the Mark of Meri Determining Real or False Economies In working for greater economy, it is essential that the farm manager be able to distinguish between a real and a false saving. This can be done only through a careful estimate of the contribution to income, over a period of time, of each item of expenditure. Only if more is saved in expense than will be lost in income, can a contemplated cut in expense be designated as a real saving. .For example, dropping dairy herd Improvement work may result in a yearly expense reduction. The question to decide is what effect the dropping of this work will have on the present and future income from the dairy herd, if the estimated loss in livestock receipts due to a lowered eifi ciency in feeding and breeding Is greater than the original saving, then it would obviously be a false economy. "Substantial savings can be effected on many farms through the use of more home grown garden produce and farm cured meats. Why pay out money for products of this kind that can be produced much cheaper at home? The money saved from the family food budget can be used for the purchase ot many things that will make the farm home a more comfortable and pleasant place to live. 70U dont have to be rich to enjoy rich X whiskey. Theres a barrel of quality in T every bottle of Old Quaker and it doesnt cost a barrel of money. now 50 older, yet no increase in pricelj PINT No. 167 (Rye) The Rye House Plot The Rye house plot was a conspir among the leading acy in 1682-8Whigs to raise the English nation Id arms to assassinate King Charles II of England on his return from Newmarket at a house called the Rye House farm. It was frustrated. For alleged complicity in it Lord William Russell and Algernon Sidney were No. 64 (Bouifeon) - QUART No. 166 (Rye) No. 63 (Bourbon) 3 Copyright Not for Facta Copyright Is not for facts, but for literary forms. What Is protected is the compilers arrangement and so long as the work as a whole represents original effort, it can be copyrighted. Peach Stone Poison chemist, studying papyrus manuscripts, says that Egyptian priests who revealed secrets of their order were killed, with a ooison made from peach K stones. L Chinas Aga Confident In Syria every Druse bride presents ier husband with a dagger which may )e used upon her if she proves unfaithful. ; & 2 SIP Chinese traditions carry the story of civilization in eastern Asia back to about the jear 2852 B. C. The story begins with a legendary ruler, Fuhsl, who is said to have been the organizer: of society in the time when the people lived by hunting and fishing. ; Cases Not Identified Several gases not yet identified have been found by astronomers in the at- mospheres of the larger planets. EC a AIL Enlargement Offer Now you can obtain a beautiful 5x7 inch, portrait enlargement of your favorite snapshot or photo. Your snapshot will be enlarged, hand e oil finish colors, painted in to sent framed and you postpaid within Your original snapshot or 10 days. will returned in perfect condibe photo . x life-lik- tion and county agents have been in closer contact than ever befote. it says. Georgia bankers have given both moral and financial backing to a Marketing Project sponsored by the Extension Service of the College of Agriculture, and activities the past year showed significant results The phases of the Marketing program emphasized in the years work are: The retail curb market; roadside marketing; miscel laneous marketing (suited to the lo cality); bartering (exchange of com modities or services with neighbors ) : standardized canned products for sale prepared ip homes or canning centers, i This is a special subscription bargain ouer, for a short time only you get This Newspaper, 1 yr. i All For We guarantee you will be delighted with the en' One largement you receive. Your subscription to this newspaper will be entered A.CT TODAY or extended for one full year. Bring or mail your remittance, any snapshot or small photo and your name and address, to our office. Take ad... vantage of. this offer whiie you can. $20 Enlargement . . i ' I |
