THREE MILLION DOLLARS TO
FINANCE COTTON ASSOCIATION
Chas. G. Henry of Newport
president, of the Arkansas Cot
ton Growers Co-Operative As
soeiation, states that the Littli
Rock Clearing House Associ
ation at a meeting last Kridaj
afternoon decided by a unani
moils vote to extend a credit
of $3,000,000 to the Arkansas
Cotton Growers Association tc
enable them to finance the mar
keting of cotton of its members
next fall. This was the full
amount asked for by represen
tatives of the cotton association
and the bankers promised that
they would increase this
amount if necessary.
Charles G. Henry, president,
and John I). Eldridge, secre
tary, who represented the cot
ton association, said after the
close of the meeting that the
action of the clearing house as
sociation absolutely and finally
solved all financial problems of
the cotton association.
In a statement given out af
ter the meeting with the Little
Rock Bankers, Mr. Henry said:
“We anticipate that it will re.
quire between $5,000,000 and
$6,000,000 to finance the oper
ations of the cotton association
next fall. With this line of
credit granted by the Little
Rock Clearing House Associ
ation as a basis, it will be a very
easy matter to raise the remain'
der. With this $300,01)0 as a
starter, there will be no trouble
borrowing all the money we
need from the war finance cor
poration provided that C o Ti
gress decides to continue the
the war finance corporation
next year. Of this, l think
there can be no doubt. The
Senate already has passed the
bill continuing the corporation
for another year, and there
seems to be no doubt that the
House will take similar action.
“In granting loans to organ
izations such as ours, the war
! finance corporation has insist
ed that the association should
i have a local line of credit equ
al to from 2u to 10 per cent of
jits needs. We are assured of
; local credit equal to more than
I 50 per cent of our needs so
;there is no doubt that our ap
plication for a loan from the
war finance corporation would
co through without question.
“Hut even if Congress should
not continue the war finance
J corporation, we still will be
able to finance operations of
the cotton association without
the least difficulty. If neces
sary we could go through on
the $3,000,000 granted us by
the Little Rock Ranks. Hut this
will not be necessary in any
event, because the local banks
have promised to increase their
credit if necessary and in addi
tion there is no doubt that
other banks in the state would
grant us all the credit we need
if we should call on them.
“Naturally we are very much
elated over having solved the
question of financing the asso
ciation, although that is one
feature that never has caused
me any worry. From the first
1 have felt assured that with
our association organized on a
strong, sound basis, we would
have no trouble in securing all
the credit we needed.
“However, both Mr. El
dridge and myself were great
ly pleased over the expression
of confidence given our asso
ciation by the Little Rock
bankers. They not only gave
us everything that we asked
for, but offer to do more if
necessary and the vote on the
proposition was unanimous.
With this expression of confi
dence from the Little Rock
bankers, no one should have
any further doubt as to the
success of the Arkansas Cotton
Growers’ Cooperative Associa
t ion.”
WHEN IN BATESV1LLE
EAT AT THE
■
COURT HOUSE CAFE
8
Good ix; Properly
Foods ®' Cooked
Quick Service
AT MODERATE PRICES
I Will Appreciate Four Patronage
H. V. WILLIAMS, Prop.
e :
■
I
II M
:
Groceries
Fresh Meat
OUR —
Restaurant i
Let Us Supply
Your Needs
♦
♦
♦
♦
♦
Is the best place ♦
In Newark t
*
♦
♦
to eat
EVERYTHING CLEAN
♦
♦
♦
AND SANITARY
IT IS A PLEASURE
TO SERVE YOU
♦
♦
A. J. McSpadden & Co.
NEWARK, ARK.
y Si u j u a y y y y
PAROQUET ITEMS
y y y y a y y y y y
| Paroquet, May HO.—We are
'having fine weather, and crops
are looking fine. Health is
‘ pretty good.
Mrs. V. McCaleb spent Sat
| unlay in Newport shopping.
Mrs. J. O. Phillips spent Sat.
urday evening at Newark with
Iriends.
C. C. Whisnant made a busi
ness trip to Newport Saturday.
Sam Williams made a busi
ness trip to Batesville Saturday.
B. R. Clark made a business
j trip to Newport Saturday.
Ray Freeman made a busi
ness trip to Newark Saturday.
Henry Limebough is spend
ing the week with relatives in
Hogan and Wycough township.
Mrs. I. C. Moody and little
daughter, Eddie, spent Friday
morning at Newport Shopping.
Mr. and Mrs. Lon Lovejoy
spent Saturday evening at
Newark shopipng.
Will Hodge made a business
trip to Newark Saturday.
Charlie McDoniel of Wy
cough township spent Saturday
night and Sunday here with
friends.
Monroe Harrelson, Mrs.
Nora Wayrnan and son, Paul,
spent Sunday here visiting rel
atives and friends.
Mrs. J. O. Phillips returned
to her home at Little Rock
Monday.
John Parks of Newark spent
T uesday here with friends.
Rev. Bowen of Magness
preached here Sunday. The
Mount Zion singing class came
down and did some fine sing
ing. A large crowd was pres
ent and all enjoyed the day.
A fine dinner was enjoved In
all.
MRS. MARTHA LIMEBOUGH
Mrs. Martha Lmiebough died
at the home of her daughter,
Mrs. G. W. Yaney, Mav 18,
\ 922.
She was born October 22,
I860, in Green county Tenn
essee. She was married De
cember (j, 1874, to Henry lane
bough, and to them were born
ten children, six of whom are
living. Mrs. CD W. Yaney,
Mrs. J. A. Headrick, Mrs. T.
,1. McDoniel, Mrs. J. O. Philips,
J. R. and S. O. Limebough.
She joined the Methodist
church at Pleasant Hill twenty
two years ago. Rev. E. A.
Horn of Newark baptised her.
She lived a true and devoted
Christian life. She lived close
to the Lord every day. She
was stricken with cancer of
the? stomach last November and
suffered intensely until the
end. She was patient and al
ways prayed and thanked God
for everything and shouted his
praises until the end.
The remains were laid to
rest at Pleasant Hill Thursday
evening the 18th. Rev. Snell
of Newark conducted the
funeral services.
She leaves a husband, six
children and a host of friends
to mourn her death.
CARD OF THANKS
We wish to thank our neigh
bors and friends who so earn
estly assisted during the illness
and death of our beloved wife
and mother. May the Lord
bless everyone of you is our
prayers.
Henry Linebough,
and children.
BE CAREFUL
Better be safe than sorry.
Do not take reckless chances.
a a a a a t? a a a a a
a '■&
a H. A. GIRE
High Glass Barber Work
a a
a In the tent on
a Front Street
a a
a First To Make the
i Low Prices
a a
a a a a a a a a a a
ARKANSAS CAN PROFIT
BY GROWING LEGUMES
Cut Down Feed Bill And In
crease Fertility Says Agri
cultural Agent.
IIay cutting has already
i started in many sections of the
j state, but in loo many instan
j ces there is no crop to cut t(
| furnish hay needed to feed livt
stock, in the opinion of H. K
Thatcher, district agricultura
agent.
Alfalfa, sweet clover, crim
son clover and bur clover art
early legumes that can be usee
for hay and roughage to gooc
advantage in the early spring
when the feed supply is lowes
and the bank account is small
est. There is some cost ir
planting and harvesting hay
but the bulk of the expense
goes to labor and labor is reas
onably cheap at present. Somt
thinking and planning to secure
a crop of early legume is acces.
sary but every farmer shoulc
be willing to even lose a few
hours of sleep in planning d
planning will pay him money.
There are but few small sec
tions of the state where at leasi
one, if not all four, of the above
legumes will not grow. Ark
ansas can protect and build hei
soil fertility more rapidly ant
to better advantage by the use
of legumes than by any othei
method and incedentallv save
a large feed bill while doing so
Mr. Thatcher states.
“Take a good look at youi
successful neighbor and make
i( your business to observe a
j field of legume hay,” says Mr
[Thatcher. “Look for profit
in feed and the gain in soil fer
tility. Study your own farm
pick out the best field—not th
poorest—and resoha now tc
have legume hay of your owi
raising to feed next year.”
MOTHER CLAIMS BODIES
Of Two Boys Killed By Train
At Hoxie Saturday.
Hoxie, May 29. -Mrs. Ollie
Scant 1 in, formerly Mrs. Goad,
who lives six miles northwest
of Bradford, arrived in 11oxi<
this morning to identify and
claim the bodies of Thoma
I
I
I
Satisfies the sweet tooth
and aids appetite and digestion.
Cleanses mouth and teeth.
A great boon to smokers,
relieving hot, dry mouth.
Combines pleasure and
benefit.
Don’t miss the joy of the
new WRMsLEY’S P-X — the sugar*
coated peppermint tid bit!
Save
the
wrappers
r s>9
i
Noad, aged iS), ami Noah Cloud
1 aged 1C, v. ho were killed in Ih
j freight yards here Saturday
inight by north bound fas
:irain No. 3d. She was accom
panied by \\ . A. (load of Rrad
! lord, a cousin of the boys. The
i bodies were taken to Bradford
! for burial.
Vhe youth had been working
; tor a relative, W ill (load, ne.*r
Walnut Ridge, and are up
i posed to have been en route
home to spend Sunday. Foul
I • lit> has been suspected and
he officers are making inves
e at ions and developments are
expected. S'
FOR SALE
One car Moss Rose Flour,
< Imps, bran, nude feed, sudan
ra s seed. The best coffee
i town. Anything you want
t. the rocery line. J. A. Kan
■ -ter, at Jeffery Bros, store.
Fatesville Ark.
Simply delicious!
Kelloggs Com Flakes with
strawberries
AUo n,Aer, 0f KELLOGG'S KRUMBLES and KELLOGG'S BRAN, cooled 41iJ
ruablnd
Just be certain you get
Kellogg’s Corn Flakes in the
RF.l) and GREEN package.
It bears the signature of
^ehogg, originator
of Corn Flakes. None are
genuine without it.
Be certain the milk or cream’s right cold! And that the
bowl s large enough to hold a whole lot of Kellogg’s Corn
1 lakes for you ve started something! And, get just as
many ree, ripe, luscious berries as you can command!
exfctlv thefn0^ all~Kell°gg’s Corn Flakes and fruit are
ex^ tly the .ood you should eat for warm weather! You’ll
headaches Lif S° free from slu££isl1 drowsiness and
headaches if }ou 11 keep away from the heavy foods this
summer and simplify your diet! 7
theEcahiid5l!Sfts.S°t? FIakes,to your heart’s Let
the children eat all they want! For, Kellogg’s dieest easily
and rest the stomach and thev sJnnlv te» ,? ^
needed for the hot days! PP 7 nourishment