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Newspaper
Butler Herald
Location
Butler, Georgia, United States of America
Date
Jul 13, 1933
Page
6
The article argues that bank conditions mirror local economic realities. Sisson notes farm, manufacturing, and securities banking reflect regional health, crop cycles, credit practices, and broader national trends, stressing banks are inseparable from the people and events they serve.
A New York savings bank transformed a derelict lower East Side group of 40 year old tenement houses by modernizing with an oil heating plant incinerators and other updates. Despite a 3 percent loss on a 40000 investment the bank now earns six percent on an 80000 stake and leases fully rented yielding 14000 annually. The bank’s full reconstruction program includes 15 similar projects and employs its own architects and seven painters, with payback in about three years.
New Orleans July 11 cotton briefly rose to fresh year and season highs in line with grains as October rose to 10.95 and December to 11.18 before profit taking and sterling weakness dragged futures lower. Markets then eased with final quotes 10 to 25 cents under Monday, spot cotton unchanged at 10.63 cents per pound.
Atlanta reports another highway department cut saving about 140000 annually. S. M. Mathews loses budgeted posts including secretary and attorney roles under 1931 reorganization. Assistant engineer SH Morgan also cut. H. H Johnson becomes bituminous engineer. Other top engineers omitted. no Mathews successor named.
Federal road officials in Washington continue to withhold more than 10 million dollars in federal road funds to Georgia until the Bureau of Public Roads is assured of a legal and competent State Highway Commission. They view Judge Underwood s dismissal as technical and await a submission of the dispute for a ruling. No statement has yet been filed by Governor Talmadge or Capt Barnett.
John C. Lyle, a Crawfordville mail carrier, was abducted by three Georgia convicts Leo McIntosh, Lester Trippe and Paul Jones after a robbery spree that began in Cobb County. They released him near Wake Forest North Carolina after abducting a salesman and storming a filling station. Authorities noted the trio’s escape from Cobb County prison camp and posted lookouts on Georgia highways.
The Battle Motor Co. of Butler Georgia becomes a B F Goodrich dealer handling tires and accessories. Goodrich highlights 62 years of tire making, Life-Saver Golden Ply, Silvertown, Cavalier products, and fittings, with focus on heat resistant ply and advanced balloon tires.
During ouster hearing for the Georgia Public Service Commission Lamar Rocker Athens lawyer pressed a fight threat when Arkwright questioned Wade Hampton Wright of Georgia Power The confrontation arose as Rucker leapt from his chair and advanced on Arkwright Governor Talmadge ordered calm saying no reflection was intended The exchange followed prior verbal clashes between Rucker and Arkwright and Collier the company vice president.
In Raiford Florida on Monday three white men confessed killers were electrocuted within 80 minutes. Victor Palmer was executed at 10:00 a m Lewis Lavine at 10:15 and Norman Heidt at 10:30 a m for killing J Beroinson a wealthy Tampa automobile salesman. The triple electrocution was the first in Florida's Reed All approached death quiet-
Washington July 10 The Georgia Peanut Growers Exchange Albany Ga in June received a loan of 8989 from the Farm Credit Administration The Morgen thau report shows loans of 2403288 for farm cooperatives authorized in June Repayments on loans by the administration and the farm board totaled 2411647 The total outstanding loans to cooperatives totaled 181158883
The halibut is the largest food fish, abundant in the North Atlantic and North Pacific. Typical large halibuts weigh from 259 to 400 pounds, illustrating their substantial size and value as a staple seafood.
A long tribute recalls Bob Jones's close ties to leading preachers and evangelists. It highlights Dr. J Wilbur Chapman R A Torey Billy Sunday Paul Reader and George R Stuart and quotes Sam Small composing the college creed in three minutes.
Advertising copy touts Grove's Tasteless Chill Tonic as a dual remedy for malaria. It claims to kill malarial infection in blood and build up the blood with iron, preventing future attacks and serving as a general tonic. The tonic is described as tasteless, safe for children, pleasant to take, and available at stores.
The text proclaims eternal life as a divine grant through the Holy Spirit and God’s grace. It asserts the charter’s provisions shall never be amended or changed, emphasizing unalterable religious doctrine within the document.
Savannah July 10 Mr. Weaver chief engineer and general manager of the Central of Georgia railway is named southern regional director of the federal transportation co ordination organization. The post places him in Atlanta headquarters for the region as he takes indefinite leave from the Central to accept the government role.
Washington reports the Morgenthau Plan for liquidating farm mortgages used by Wisconsin and Illinois banks may extend to Georgia North and South Carolina and Texas. Farm Credit Administration officials said they requested 25 million dollars to purchase mortgages and other farm loans held by 876 Georgia banks. Farmers will receive new mortgages from the Federal Land Bank at eight percent for the lowest amount.
The document presents a bank condition report for Farmers and Merchants Bank Georgia Taylor County. It lists capital stock surplus funds cashiers checks demand deposits and time certificates of deposits with attestations by cashier A M Baar and notarization by W R Garrett on July 11 1933 signed by directors R C Rogers and S Garrett.
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