The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1900-04-10

phaslze the fact that we could build u
mill at NeWbcrry out of money that
was idle so far rs those whose it was
arc concerned. And ! mentioned tho
commercial and Savings Banks be-
cause the business OF tho present mill
1s done through the National Bank
ana there is no reason why the MANAGE.
mont OF each Of these other banks
should not go to work and build another
mill each. And to do SO thcy w0uld
nave the endorsement and aid and co.
operation OF the National Bank and its
customers rs we'll us their own for the
building OF more mills in Ncwbcrry
means much for all the interests that
are there. Let the business interests
get together and work together for tho
upbuilding aud advancement OF the
town and county.
*xz
When | wrote before did not bayo
the statements of the banks before me
and did not give the correct figures i'm
referring to them. am glad that all
OF the banking interests in Ncwbcrry
arc in SO healthy condition and nrc
doing 50 well. Tho last statement of
the Commercial Bank makes u good
showing. With Il capital stock of
$4,000 there is deposit account Of
S'o,"Oo.6o, and II surplus Of $G,G52.7S,
ana the bank is only Il few years old.
5y the last statement the Savings Bank
with the same capital stock shows n
deposit account Of $I23, los II and Il
surplus and undivided profits Of SlI,-
ooo.o3. 1T strikes me that these figures
lndicutc good business management for
both these institutions, which have
ncen doing business for only five or six
years. The National Bank by its last
statement had deposit account of
SIT, ,Ol3.l0. This with tho other banks
mentioned above makes about half mil
lion dollars on deposit in tho banks in
Ncwbcrry subject to check. OF course
" considerable part OF this money is
the commercial capital for number Of
the business firms Of the city, but n |
good portion is just there for safe keen
ing. 1t would be better for tho people
who own it to have it invested in q cot,
ton mill than doing nothing.
Nv
The State Executive Committee is to
meet in Columbia on Wednesday, and
| suppose that the political ball will
thcn open for tho season. 1t will not |
opon In full blast, however, until tho |
State Convention meets on May 10Th.
and then everything will be in full
swing.
The Sinking Fund Commission and
the State House Commission will meet
on the 18th, and plans and spcciiica-
lions and an architect will be selected,
and tho work OF completing tho State
House will be started rs soon as the
contract can be let
~
attended services in Newbcrry last
night and heard al address on mis-.
slons. | am sure the preacher was
earnest and serious, but | would like
TO say to him in all kindness TINT
We 90 not speak Of the var between
tho States in IS6l.65 rs the "5ebe,.
lion." We were only asserting our
rights as free and independent States.
xx*
The Society Circus will be held in
columbia on tho 10th, and all the rail-
roads will sell tickets for the occasion
at ono fare for the round trip. 1t will
DC a great event, and nothing of the
kind has ever been seen before south OF
New York. 1t Is another evidence of
The fact that Columbia Is getting to be
very fast. Let everybody
come.
Upon the recommendation of the New.
berry delegation Gov. McSwccney has
appointed Jno. w. Ropp as Magistrate in
No. 7, i'll place of Mr.. J. II. Sem resigned,
\lso upon the SAME RECOMMENDATION he
las appointed w. b. Oxner as Magistrate
or township No. 3.
~
About ten days or two weeks 400 T
Trote to Congressman Latimer that
he Star route from Pomaria to Glymph- I
lille ran schedule that made all mail I
rom Newberry day old before it was
elivered, owing to the fact that the 6
arrier left Pomaria about an hour be. !
ore the arrival of the down train, and s
8 this was daily route I would be q
lad If he would have the schedule q
hanged. The following letter explains @
'ith what promptness Mr.. Latimer q
ave this request attention:
Post Office Department., /
ONCE 2nd Asst. p. M. General, Ic
Contract Division, O
Washington, A Drill 4, 1904 y