The Penn's Grove record., 1920-07-02

Inert IL REASON 10 DelleYe Cnht the
sl54,OOO remaining In the bonus fund
balance will be sufficient to pay the
bonuses for the second half of the
year in full. If there happens to be
4 shortage Of a few thousand dollars
an effort will be made to make 1t up
from ~unexpended salary appropria-
ions from departments having more
money than they need for salaries
Turing the present year, but Secre-
airy Messick, Of the Civil Service
Commission, who has charge Of the
computation of the bonuses, does not
expect that this emergency arrange
ment will have to be escorted to.
Yield Of WORTHLESS" Land.
Luscious blueberries-many of which
are t~hree-fourths of an inch In dia-
neter-that sell for $40 Il bushei are
grown on worthless" land. Such Is
he product obtained by a New Jersey
grower, whose principal business has
been growing cranberries, but who
more recently has taken up the cultf-
walton Of blueberries. At present he
has twenty acres which he has plant
ed in part with carefully selected wild
o%lueberry stock and In part with hy-
orids furnished by the Bureau OF
Plant Industry of the United States
Department Of Agriculture. Not only
are the berries on this tract Of very
high quality, but the yield is prolific,
the older plants producing at the
rate. of nearly 100 bushels to the acre.
The plantation Is situated at Whites
bog, near Browns Mills.
The success of this grower Is but
one instance of what Is being done
commercially by men who are utiliz-
ing the information supplied by the
Department of Agriculture scientists.
The latter have made a study of blue
berry culture for several years and
are able to furnish data regarding the
best varieties and the most suitable
soils. OF particular significance is
the fact that blueberries thrive best
on peat and sand soils, 80 acid as TO
be considered worthless for ordinary
agriculture. Thus through BURBERRY
culture 1t is possible to utilize many
tracts which have been regarded as
especially hard and unpromising.
Prosperity Smiling Upon Jersey.
Almost unprecedented increases in
deposits of the trust companies, saw
ings banks and state banks of New
Jersey for the year closing May 5 are
shown by statistics made public by the
State Department of Banking and In
,ropoo Sfota han1inn nufifttian0
are now enjoying their greatest era Of
prosperity, according to the depart
ment, and this condition is attributed
to the increased earning capacity Of
the working classes.
Since May II, 1919, the deposits Of
the 123 trust companies, AZ savings
banks and % state banks have In
creased $112,612,5S3 the grand total
having reached $729.310,219 at the
close OF business on May 4 last. The
total of these banks amount
oil to SS39, 044,452, an increase of $685.
$40, $50 for the year. The totals for
deposits and set a new high
mark in this state, as does the total
of resourceS.
AZ Iil9 1IODe VI Ol may I
the trust companies had of
1881, ,0S5, an increase of $77,175,251,
and the total Of deposits was S4o5,050,-
576, an increase of SS5, 53B, SOP Re-
sources Of savings banks amou tied to
s207 ,5S3 ,019, a gain of S2~0,210,42S.
Their total deposits were S191, 426 ,040,
an increase of S19,272,727. State banks
show total of $50, 7,347,
and deposits Of $40, 1873, 674, a gain of
s9.254 in resources and a gain of ST.
S03,352 in deposits.
Surplus funds of the trust COM
panies amount to S19,S90,S43. and I'M
divided profits amount to $11, 100, 730,
a gain of $1,314, 100 in surplus, and of
S1,251,946 in undivided profits. The
surplus of the state banks is 1892, 800,
a gain of $162, 500, and undivided prof
its S~1,13S,S73, a gain of S10S,171. The
surplus of the savings banks amounts
to $14, 52s,0 50, a gain of $1,553,696.
Public Service at 1t Again.
President AcCarter of the Public
Service Gas Company announced that
the company will file with the Public
Utility commissioners an application
for AN increased rate for gas to Cow
err the new increased cost of manufae-
ture. The application will be filed as
soon as the papers are prepared. The
present rate is $1.15 a thousand cubic
feet.
President McCarter's announcement
followed the rejection Of the compa-
ny's appeal to the Utility Commission
for an oil differential charge. He
maintains that prices of all elements
entering into the manufacture of gas
have greatly increased and that the
new rate will not be designed to in
crease profits and will be kept at the
lowest figure that will meet the exigen-
cies of the situation"
Suit to recover $4,000 damages from
the Atlantic City and Shore railroad
and the West Jersey and Seashore
Railroad Companies for injuries sus
tanned when an automobile in which he
was riding was struck at the Shade