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>t'lN C. W1LKERSON
Editor and Publisher.
mi Uie postuff ice, Newport
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LITTLE ROCK FEDERAL
RESERVE BANK OPENS.
The Little Rock Federal Reserve
bank, a branch of the St. Louis Re
serve bank, opened its doors yester
day morning on the second floor of
the Southern Trust building, with 43
member banks. Visitors were shown
over the bank by John M. Davis,
managing director. Flowers were re
ceived from several local hanks.
The reserve balance of these 43
member banks, transferred to the lo
cal branch by the St. Louis Federal
Reserve bank, amounts to $2,500,000,
Mr. Davis said. The first bank to
make a deposit was the Bank of Com
merce. The first item of business
run trough was received from the
Merchants and Planters Bank of Tex
arkana.
O. B. Atterbury, cashier of the
! Reserve bank of St. Louis,
R. R. Clabaugh, assistant cashier, and
liali, manager of the discount
department, all of St. Louis, assisted
in the opening.—Ga/.ette.
All of Newport is proud of the
■snlcndid record of achievement tnat.
has been made by one of its native
sons, Arthur Bailey, who has been
unanimously elected* to the important
;;rv‘ responsible position of cashier
of the Federal Reserve bank at Little
Rock. Arthur Bailey can be truly
pointed to as a self-made man, having ,
risen to 'prominence in the banking j
world through his sturdy efforts, |
close application to business, and his I
keen intelligence and unusual ability. j
_ Pew men have ascended to such an
important position at the age of 35
years.
Mr. Bailey began his banking career
with the old Bank of Newport. Later
he g lined experience in Joneshoro,
from which place he held important
posts in financial centers in Oklaho- 1
ma. Four years ago when the state
hanking exnminer’s office was creat
ed, Mr. Bailey was selected as one of
the examiners. That he discharged
hiS duties in a thorough and compe- 1
tent manner is attested by the honor
that has recently been bestowed up
on him by th Federal government.
Probably no force of state officials
has been more signally honored than
the men who, with John M. Davis,
were connected with the state bank
examiner's office since its creation.
Mr. Davis, himself, has been made
managing director of the Little Rock
Federal Reserve bank. Mr. Bailey,
one of the examiners, is cashier. Mr.
- -
Covey, of the examining department,
is vice president of the Little Rock
Bank of Commerce. A. J. Reap, an
other examiner, is now Arkansas rep
resentative of the Mississippi Valley
Trust Company at St. Louis.
RED CROSS WORK ROOMS
TO BE REOPENED SOON.
The Red Cross is asked to supply a
certain number of refugee garments
by the 25th of January and the Jack
son County Chapter is expected to
send its part of the work. All
branhes will share in it and Newport
will re-open its workroom in the Ar
kansas Bank & Trust Company’s
building Monday and Friday of each
week. Instead of working units dis
tributed over five days, as we had
when the work was steady, it is
thought best to combine all workers
in these two days. There will always
be some one in charge, but either day,
or both, is open to any one who can
and will offer this sort of service to
the Red Cross. We have had a long
vacation and the Red Cross does not
ask us to except when in need of us.
Let us maintain our Chapter’s place
in the list of those to be depended up
on to do its part. We could not have
more comfortable or pleasant quar
ters; and everybody is welcome at
at all times, whether “an expert” or
not.
THE LEGISLATURE.
Special to Independent.
Little Rock, Jan. 7.—While the
election of a president of the senate
has already l/een agreed upon.
nough signed pledges having been
secured to insure the selection of
Harry L. Ponder, the speakership is
still to be decided.
' Renresentative C. P. Newton, of
Pulaski county, has been making an
active campaign, and he and his
friends claim sixty-two votes on the
first ballot. This, however, is not
conceded by other candidates, includ
ing Henry Thane, of Desha, Joe Join
er of Columbia, and W. H. Thompson
of Independence. It is thought, how
ever, that the contest will be settled
very early. There is not apparent
the usual rush for positions in the
legislature, and it is thought the ses
sion will get down to business very
soon after meeting.
WARNING ORDER.
In the Jackson Chancery Court.
Sarah Capps, Plaintff
vs. No. 3401.
Isom Capps, Defendant.
The defendant, Isom Capps, is
hereby warned to appear in this
Court within thirty days, and answer
the complaint of the plaintiff, Sarah
Capps.
In Witness Whereof. I have here
unto set my hand and affixed the
seal of said Court, this the 2Gth day
of December. 1918.
R. W. BANDY, Clerk.
By J. B. Parrott, Deputy Clerk.
J. H. Johnston, Solicitor for the
Plaintiff.
Geo. A. Hillhouse is hereby appointed
attorney for the non-resident de
fendant. 37w4t
Wanted To Buy—Oak, Ash, Hick
ory, Pecan, Cypress, Maple and Cot
tonwood logs on the banks of White
river. Write for prices and specifi
cations.—White River Land & Tim
ber Co., Augusta, Ark. 38w2t
Report of the Condition of
THE FARMERS NATIONAL BANK
At Newport, Arkansas, at the Close
of Business on Dec. 31st, 1918.
RESOURCES.
Loans and discounts, including
j rediscounts, (except those
shown in b and c)-$220,154.24
Overdrafts, unsecured —1,164.94
Liberty Loan Bonds, 3Mt,
4 and 4 Vi per cent un
pledged _ 7,003.04
Securities other than U. S. bonds
(not including stocks) owned
unpledged- 1,238.69
Stock in Federal Reserve
Bank (50 per cent of sub
scription _ 1,900.00
Furniture and fixtures- 3,000.00
Lawful reserve with Feder
al Reserve Bank- 22,800.00
Cash in vault and net
amounts due from national
banks_ 150,692.30
Net amounts due from banks
bankers, and trust com
panies other than included
in items 13, 14 or 15 - 7,320.15
ihecks or other banks in
'.he same city or town as re
porting bank (other than
item 1")^- 97.35
Jheck3 on banks Ideated
mtside of city or town of
reporting bank and other
cash Items - 302.61
Interest earned but not
collected—approximate—
on Notes and Bills Receivable
not past due - 3,887.50
War Savings Certificates
and Thrift Stamps actually
owned- 253.80
Total_
—.
LIABILITIES.
! Capital stock paid ir. _$ 6U.000.0C
| Surplus fund -— 12,000.00
i Undivided
! profits,
! Less current ex
I ponses, interest
! and taxes
j paid-.- 9,395.08
! Interest and discount collected
| or credited, in advance of
; maturity and not earned
j (approximate) - 2,397.50
| Amount reserved for
taxes accured- 2,500.00
Net amounts due to banks,
bankers and trust compan
ies (other than included
in Items 31 or 32)-4,816.35
ndividual deposits sub
ject to check- 301,874.43
I Certificates of deposit due
I in less than 30 days
I I other than for money
borrowed)- 3,746.55
Cashier's checks out
standing - 1,001.05
Other demand deposits- 10,000.00
Certificates of deposit
(other than for money
borrowed)__—j— 22,083.66
Total_$419,814.62
STATE OF ARKANSAS,
County of Jackson, ss:
I, N. II. Landes, cashier of the
above-named bank, do solemnly swea’
♦F.at the above statement is true to
rhe best of my knowledge and belief.
N. H. LANDES, Cashier
Correct—Attest:
WM. N. DUNAWAY,
J. L. BEVENS,
GUSTAVE JONES,
Directors.
Subscribed and sworn to before me
I this 6th day of January, 1919.
' My commission expires April 1, 1920
(Seal.)
P. G. LOCKARD, Notary Public.
I _
WARNING ORDER.
- ■, i-T _A
In the Jackson Chancery Court.
Willie M. Lee. Plaintiff.
vs. No. 3400
John Lee, Defendant.
The defendant, John Lee. i* herb'
warned to appear in this Court with
in thirty days and answer the com
plaint of the plaintiff, Willie M. Lee.
Witness my hand and coal of r-aid
Court, this the 18th day of Decem
ber, 1918.
R. W. Bandy, Clerk.
By J. B. Parrott, Deputy Cierk.
G. A. Hillhouse, Solicitor fo.' th<
plaintiff.
Ira J. Mack is hereby appointed at
torney for the non-resident defend
ant. dl w:
WARNING ORDER.
In the Jackson Chancery Court.
Lillian Yarbrough, Plaintiff.
vs. No.
Walter Yarbrough, Defendant.
The defendant, Walter Yarbrough,
is hereby warned to appear in this
Court within thirty days and answer
the complaint of the plaintiff, Lillian
Yarbrough.
Witness my hand and seal of said
r'ourt, this the 18th day of December,
191P.
(Sea!) R. W. BANDY, Clerk.
By J. B. Parrott. Deputy Clerk.
L. L. Campbell, Solicitor for the
Plaintiff.
i .
J. H. Johnston is hereby appointed
attoney for the non-resident De
fendant. 36w4t
GUARDIAN’S AND ADMINISTRA
TOR’S NOTICE.
Notice is hereby given that the fol-1
lowing guardians have filed their ac- ]
counts current for final and partial
settlement of their respective estates
at the January, 1919, term of the
Jackson county px-obate court, to-wit:
B. J. Elston, curator estate of Ma- j
bel Ball, fifth account cuirent for |
final settlement.
Lee W. Eaton, guardian and cura- !
tor of Marion S. Eaton, second ac
count current and final settlement
J. H. McCurry, guardian of Frank
Tyler, seventh annual settlement.
J. H. McCurry, guardian of Sam L. j
McCurry, seventh annual settlement. I
B. F. Bridges, guardian of Luther |
McCartney, Alton McCartney and j
Sunbeam McCartney, first account j
current.
B. F. Bridges, guardian of Velma j
McCartney, first account current.
C. L. Shoffner, guardian of Homer
A. Shoffner* account current for
final settlement.
G. A. Cole, guardian of Alma Olson,
final settlement.
Mary Lewis, guardian of Lewis
heirs, second annual settlement.
I. H. Sheppard, guardian of Isiah
Sheppard, first and final account cur
rent.
P. S. White, guardian of Tally
heirs, final settlement.
W. B. Massey, guardian Ross Rob
ertson, final settlement.
W. B. Massey, gaurdian of Taylor
E -'bertson, first annual settlement.
Minnie Ramsey, guardian of Jno.
Taft M.ulkn, sixth annual account;
current.
D. L. Shoffner, curator of estate of,
Esther Dea.., twelfth annual ac
count.
,T. W. Walker, by W. S. Hubble and
J. H. Phillips, sureties through their
attorney, Ira J. Mack, administrator
of the estate of Sarah Anderson, final
settlement.
B. F. Cartel1, administrator of the
estate of T. J. Greenfield, first and
final settlement.
W. F. Hurley administrator of the
estate of Primus Peterson, first and
final account current.
And notice is hereby given to all
persons interested in said estates,
that unless exceptions thereto be filed
in this court on or before the second
Monday of the next January, 1919,
.—-- --
term of said court, the same (if found
correct by the court will be approved
and confirmed and thereafter all
persons will be forever barred from
excepting thereto, and any item
thereto.
Given under my hand and seal of
said court, this the Second day of
January, 1919.
J. F. PARISH,
38w2t. Co. and Probate Clerk.
MONEY. MONEY.
Money to loan on improved farms.
Don’t fail to see W. H. Clark for
terms. Office with Claude M. Erwin,
Watson building, Newport, Ark. 33w8
LOST.
Three black mules, 6 years old in
the spring, weigh between 900 and
1000 lbs; 2 browm nose, 1 white nose;
Two mare mules and one horse mule
—one of them is dishfaced. Reward
for information leading to recovery.
39w4t G. M. Dudley, Swifton, Ark.
Subscribe for the Independent.
NOTICE.
I hereby give notice that I will ap
ply to the Forty-second General As
sembly, of the State of Arkansas, for
the passage of a bill regulating a
| system of working the public roads
ir. Jackson county, by abolishing the
Free labor system and working th j
public roads by contract.
35w4t W, D. McLAIN.
Subscribe for the Independent.
Heartburn, indigestion or distress
of the stomach is instantly relieved
| by HERBINE. It forces the badly
digested food out of the body and re
stores .tone in the stomach and bow
els. Price 60c. Sold by W. E. Bev
ens. Ill 4tm. 38wtm.
The liver loses its activity at times
and needs help. HERBINE is an ef- *
fective liver stimulant. It also puri
fies the bowels, strengthens diges
tion and restores strength, vigor and
cheerful spirits. Price 60c. Sold by
W. E. Beves. Ill 4tm 38wtm
THE UNIVERSAL CAR
We Give Mon y dv»ng
iStivc 5
\our Ford car will give satisfactory and money- I
saving service for years if you just give it decent
care. Let our shop look after it, making replace
ments and repairs when necessary, let us keep it ,
tuned up and running sm and you’ll sure I
have all the service and comfort you could get I
from a brand new car. It’s all in the knowing how.
Oar workmen are skilled - we have genuine Ford
parts—we make the regular Ford prices as estab
* i lished by the factory. Bring your Ford car in and
let us look it over—“a stitch in turns saves I
I niae"
I Huts in-Ladd Motor Car t o. 1
We Wish All Our
Customers and Friends
A Happy and Prosperous
• New Year
I
' A
I
Walker’s Pharmacy
Phone 39
1%
_ ~ -~~ r
*
♦ <+
I ♦
% ♦
* ♦
j i
% January Sales Demand Your Attention ♦
♦ For quick cleararce Winter Stocks of seasonable X
J merchandise that are needed right now, are being X
+ sacrificed and The White Sales offer inducements f
♦ extraordinary to The Thrifty. X
♦ Winter Underwear X
X For the entire family at reduced prices X
♦
4. Men’s $1.50 Fleece Shirts.... .95
w
+ Men’s $1.50 Fleece Drawers.95
J Men’s2.50Ribbed Union Suits SI.45
J Men’s Shirts and Drawers, sizes 46
J to 54 at 25 per cent discount.
♦ Boy’s $1.25 Fleeced Union
♦ Suits ....89
♦
Women’s 75c Ribbed Vests.49
Women’s 75c Ribbed Pants.49
Women’s $1.75 Union Suits.$1.19
75c Children’s Union Suits
medium weight, ribbed,
sizes 6, 8, 10 only... .45
Children's Union Suits heavier
weight ribbed union suits,
sizes 6 to 14, $1.35 value_.95
| Special :
I $2" to $4 95 Children’s Coats $1-50 ♦
t Sizes 2 to 5 X
♦ ♦
♦-—:-*— f
t White vSales ♦
-J *■ ”• V
^ .27 1-2 Bleached Muslin.. .21
♦ .35 Bleached Muslin._.25
▼ *
♦ .35 and .40 Nainsook...29
♦
♦
Under Muslins for Women’s, Misses’ +
and Children’s new fresh, crisp and ♦
snowy white of sheer materials ♦
lace and embroidery trimmed, at ♦
average reduction of 25 per cent. J
♦
♦♦♦♦ »♦<♦♦♦♦♦»»»♦»»♦»•»$
- » > fv" ‘!l* ijL .4% fa JK fa. ^