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3M)« KwimianPrice 6 Cent*VOL. LXV-NO 7FRANKLIN, N. C, THURSDAY, TO. 23. 195*School Bond Issue Carries By 5 To 1 VoteMACON PEOPLE HOLD BIG U. S. BOND BACKLOGNearly 2 Millions Owned In County; Brings In $50,000 YearlyHie people of Macon County are now holding a net financial backlog of U. S. Savings bonds amounting to just under two million dollars.The exact figure, announced this week by H. W. Cabe, county savings bond chairman, Is *1.-#77,433.Mr. Cube's announcement followed receipt of the annual report of Allison James, state director, with headquarters In Greensboro.The figure represents total E, F, and G bonds purchased in this county since May, 1941, with all cash-ins and redemptions deducted as of December 31, 1949.This splendid reserve of liquid assets brings Into our community annually Interest and accruals amounting to about 2vi of these holding* — roughly *50,000—Mr. Cabe said.Savings Bonds sales In Macon County for the year 1949, January 1 through December 31, were as follows: Series E. *125,-108; Series F. *3,478; Series G, *47,100; total 1949 sales, *175,-686. The county chairman said that, according to the report, the current value of U. S, Savings Bonds outstanding la greater than the amount held during the wartime peak In 1945.He said that the people of North Carolina hold a total of *657 million in Saving Bonds.On a national basis, he said, individuals hold more than *48.5 billion, cash value, In Savings Bonds, of which *33.8 billion Is In Series E Bonds.”Mr. Cabe said that the report also show that 42 firms in the state In 1949 were added to the list of those operating the payroll savings plan for purchase of bonds by employes.St. Agnes auxiliary will holda food sale tomorrow (Friday) at 9 a. m. at the Children's shop, for the benefit of the parish house.Do You Remember(Looking backward through the flics of The Frew)56 TEARS AGO THIS WEEKTown Marshal Jule Jacobssent two to the cooler Monday evening. Drunk and disorderly.A SINGULAR ~~ACCIDENT— Last Thursday evening two brothers. Bird and George Dow-dle, were digging- a grave on Iotla in which to bury Mr. and Mrs. Joshua Roper, who died the day before. They were working with their backs turned toward each other when Bird, In drawing back his mattock, struck George on the head with the axe part of It, clipping up a portion of the skull about the size of a dollar. He fell and apparently was dead for several minutes, but finally revived and bids fair to recover.25 TEARS AGOThe Wilson Construction Company, contractors for the Georgia road, started building camps last Wednesday at Otto and Tryphosa for the accommodation of the force which 1* soon to be put to work on the road.The Jolnea Motor and Tractor Company has on display a touring car equipped with the new balloon tires.Mr. H. O Esslg, the popular market man, ha* returned from Florida, where he spent several months and some money.7« YEARS AGOThe Colored Community center on the Murphy road will be dedicated next Sunday.Jo PattlHo, who recently enlisted in the navy, has finished his preliminary training and Is at home on a 10-day furlough-LSiNaTeaeve*lionent,tautwhober■her)Tlturebanfourbat:
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Franklin Press and Highlands Maconian
Franklin, North Carolina, US
Thu, Feb 23, 1950
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USA 23 May 2025
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