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Newspaper
Forest City Courier
Location
Forest City, North Carolina, United States of America
Date
Jul 17, 1930
Page
11
The Forest City Courier notes that over the past year North Carolina building and loan associations increased business by more than one million dollars despite weak crops and industry unrest. They supported construction of 6,709 homes valued around 18 million dollars, praising low overhead and directors’ focus on shareholders.
The Deland Sun-News notes nationwide newspaper mergers reduce duplicate advertising in nearby markets. Merchants oppose paying twice for the same reach, urging a businesslike approach to ad spending amid cash and labor conservation.
The Forest City Building and Loan Association opened a new stock series on July 1 offering building and loan certificates. Local investors can subscribe to safe, dependable stock, and many homeowners credit building and loan plans with home ownership. Dan C. Boney, North Carolina insurance commissioner, notes that despite stock market pressures, building and loan associations in the state continue to grow and expand.
The United States reports nearly 25 million automobiles registered at year start, with 21,423,597 passenger vehicles. US passenger cars amount to 179 per thousand population, far above world norms, and US car ownership rose 5.6 percent from 1929. About 1 in 4 adults own stakes in American enterprises, over 17 million today, up from 2 million before WWI.
Misses Elizabeth and Martha Harrill of Rutherfordton visited grandparents Mr and Mrs A H McDaniel Friday and Saturday. Amos Harrill and family from Rutherfordton were dinner guests with the Mc Daniels. Master G C McDaniel Jr had Mary Lewis Webb Henrietta and Georgia Mae Price for dinner. W C Crocker returned from a trip to South Carolina. Mrs John Daniel of Lincolnton visited her mother Mrs Mary Webb. Mrs Claude Young and daughters Elizabeth and Frances Young leaving for Auburn Alabama. Mr Young, recovering from an operation at Rutherford Hospital, plans to visit his sister Mrs J F Alexander before returning to Alabama. Straw sun hats 10 cents at Stahls Ten Cent Store. Stag paint. Farmers Hardware Co invites school supplies. Buy here and save.
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