The Eldorado Success (Eldorado, Tex.), Vol. 27, No. 24, Ed. 1 Friday, June 24, 1927 Page: 3 of 4
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DRUGS
LOCATE THE FINANCIAL LEAKS THAT SONOBA OFFICERS SHOOT
TAKE TJ'F r^FITS OUT OT FAPMIN6 MIN IN MIKING ARREST.
Cut Class, Silver
ware, and Toilet
Article*.
Jewelry,
Stationery and
Kodak Filins.
You will also find here a "•«ll-clio&*u assorts ect of the
advertised proprietary medicines.
1j. M. Hoover.
a.
DRUG-GIST.
•'Hill iiiiHHiiiiiiitH • ««*-»•
Sun Shades and Tops.
Come iD and look over my line of Suo Shades, some more
to arrive. Tops recoverd to satisfy, .
Rex McCormick, The Old Reliable v
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John F, Isaacs,
President.
L. M. Hoover,
Secretary.
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Benton Abstract and Title Co.
Prompt and Efficient Service.
tittt if Hitt ittot p *■■■■■■■■—■■■
Hardeware
I have bought the Stock of
Yancy Implement Co.
and will keep a stock of parts as usual. Also keep the
fvfeGormick-Deering
Implement.
I will also appreciate your tin work and piping work.
• V. R Humphrey
Hardware
MKSKawa- r\Atar v. ax3L'ri.r«»iam
City Market
Leslie Galbreath
The NEW Market with Excellent Meat, a good
place to It ade. 1 espict to l>« ( p tl t b« si at all
times Come to see us aud we will strive to please
you. Telephone 25.
Good Fresh Barbecue all the time, at better prices.
fc%S(UH8ri
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Palace Barber Shop.
First Class Tonsorial Servioe
HAIR BOBBING A SPECIALTY
Hath II. T. FINLEY, Props. Bath.
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City Barber Shop.
HOT AND COLO BATHS
Prompt Work and C iu rteous Treatment.
All Patronage Appreciated.
B3n Ellis. Proprietor.
What are you getting ready
f >r the Schleichre County Fair
t iis fall
1 hn ! o oh came down from
A »j.>,ie Tuesday and is bust
shaking hands with friends.
Long Distance Telephone
j Saves much time, tfnrtini tiiitj, at d is the quickest
way to transact busii ess. ('< nsult your telephone direc-
tor tor Lor g distance i utes Seethe yellow pages, N®s 6
and 7. Use your telephone more. It will pay you
9
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San Angelo Telephone Co, .
Fred O Green, Local Maaager
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By DAN H OTIS
Director Agricultural Comm..; n, American Banker* Association
INDUSTRIAL lines suiter because of inefficient firms, whos#
A officers cling to old methods and place goods on the market,
even at a loss, to compete with the more efficient institutions.
Agriculture, too, has this problem to face.
We find farmers who fight new methods.
They retard the prosperity of other farmers
by throwing on the market poor quality
products, frequently produced at a loss.
The nature of the banker’s business
places him in a position to help this type of
farmer as well as the more progressive
farmer. At the same time the banker car,
assure himself of good loans based on thi
farm as a going concern.
A study ot the investments, sources of in
come and expenses of th * successful farm-
ers in his community will give the banker a
measuring stick by which to gage the haz
ard entailed in furnishing loans to other
if* farmers. This study is readily accomplished
through the use of summarie s of farm rec-
irK?*aK*Sijtt ords. In the ibsence of good records, survey
dh.otis blanks which can be obtained from the agri-
cultural colleges, may be used tor collecting the information.
A banker in a dairy district would use data similar to
Farmer As summary in the following table as a measuring
atleb tn bi/lnn «lw, nr,_.lltl_ m rs
stick to judge the condition of Fanner
B:
Farmer
Farm receipts ........ $5,4B5
Farm expenses......... 2.122
Farmer
B
$2.21 4
1.072
$1,125
982
Rec'pts above expenses $3.3-13
Interest on total invest-
ment 5 per cent.. 1,070
Net Income after de-
ducting Interest...... $2,273
Acres ...... 127
Total Investment...... $21.4uO
Operating capital (ma-
chinery, live stock.
equipment) ......... 6.SC2
Number ot cows........ is
Investment In cows ... $2,302
The total Investment of Farmer A
Is moderate with a large percentage
tut;
13U
$19,773
$.473
11 I
$1.2-
sity of Income. Notice that the lead
log source of Income, dairy products,
constitutes less than one-half of the
total income. The various enterprises
'hat make up Farmer B's diversity of
business all show marked decreased
income.
Guality of Business Show* Leaks
Farmer Farmer
A B
• tu clpts per cow $1.,(J (HI
Wpt* p, r livestoik
units other Hum
cows .............. 91 (1
Under the bctcling, "Quality ot
Fullness,” Farmer !’. shows that his
(27 per cent) of operating or working ' °w® are brlllK‘ng 1,1 le88 year
capital. Farmer B Is low In operating ! i‘aD Farmer f8, The '"'S a ^ar
capital. The number of cows .s also I ^ fP’°, f i* 1 UU‘?°l'tUedl* **
low. which Is reflected In the farm I ' the COS‘ °f feed a:id ket!P’ The
receipts, these being $3,251 less than
those of Farmer A. The expenses ot
Farmer B, although about one half ot
those of Farmer A, are, nevertheless,
high In the ratio to receipts
The only way to safeguard a loan
to Farmer B is to consider assets and
not income. Before any loan should
he considered at ail the banker and
the farmer should go over the situa
tlon, uncover the leaks and outline a
definite program of improvement.
Diversity of Business Good Sign
Income from orups
From dairy products .
•a« of livestock (in-
cluding incieas d in-
^Jintory) ............
Ska ellaneous Income..
Farmer
A
$1,476
2,343
income per livestoik unit is still
worse, and while this farm needs
more cows to Increase its volume of
business, it would be tiuanclal suiclds
to Invest In the same type of cow.
Tills poor farmei must weed out his
poor cows and tied the balance pro-
perly to get results before money la
loaned to him ti increase his herd
with good stock
An analysis of .he farmer’s records
will bring out many other leaks which
the farmer may not have uu'lc'.-d. (is
may be paying high prices for feed
when less money spent for fertiiir.era
Farmer 4Uj time, may enable him to raise th*
$351 right kind of feed on his own farm
drain on his pocket-
1.C56
327
280
181
and stop this
book.
Barring temporary emergencies,
.farm loans handlld on the basis of
-A good diversity of Income serves income, ludicatini a going concern,
•^Jiotoct tlie farmer against years would hasten trenJ niously the day
^rer production of any one farm a permanent aul prosperous u
WJfcu Farmer A has a good diver (culture.
WHY WiDGYfS ARE (TIE SPECIAL
PREY CF CONFIDENCE MEN
By W. R. MOREHOUSE
Public Relations Commission, American Bankers Association
T1TOMEN are often easy victims for the high-pressure pro- | w as good. "*H
f V moter. Widows are especially sought out by the con- I,..,., i*
fidence men. Even before their deceased husbands, protectors I* p
Sunday morning the officers
of Sutton count* were notified
to arrest two mencoming to Son
ora from Del Rio, but when they
attempted to stop them the men
made a five mile <Ueh trying to
eet away The officers in try-
ing to disable the car, abut one
u*' the men who later died at Son
oi a. the other man was captured
in the woods after deserting the
car The man who died of
vounds was named Bishop
The Presbyterian meeting
came to a clese Sunday night
with about 7 additions to the
church. Bro Davis willconduct
-pveral 10 day meetings this
summer but will try to send
some onv here onhis regular day
here.
W H. Parker, merchant and
tarmer, reports that the crop on
his farm is the best that has
been grown for years. Mr.
Parker has for several years
been a booster for the Schleich-
er county soil and thinks it Is
' he last to be found in any sec
turn of Texas.
Peyton Caiu writes from Soil
Ross and says that the attend-
ance at the summer school there
is the largest Sull Ross has ever
had. He wants The Success to
read while he is refreshing his
education, he is one of Bail.v
Ranch teachers.
Mra E. C. Hanes has return-
ed from Dallas where she spent
vo weeks with her sister aDd
-he reports that she enjoyed her
visit ve»y much. Mrs. Haynet-
hold the honor of being among
the oldest of our business man-
agers of our city and has always
enjoyed a good pat*onage. She
feels much rested by bet visit
md is back at the old stand feel-
'nK good.
*" • ..... ".............. .....'I 1
I am selling out my stock of
Grocerie and I am offering yeu
tome exceptionally good bar
gains. Sharp's Mercaetile Co.
Cenn Isaacs, Edward Ratliff
and Floyd Young left Thursday
f-;r the Pecos, where they expect
to land the biggest one yet.
We have a nice assortment of
gallon fruits, cherries, apricots,
blackberries peaches, applet,
plumbs, etc.
Wright’s Cash Store.
F. R. Keeleand daughter Miss
Pantie, leit limit-day to visit
Mr. and Mrs Herman Gregg at
Rosco.
Just received a new Shipment
of Martins Screw Worm killer,
also Fly Smear, call and get a
Free Sample, guaranteed to t-ht-
«fy. West Texas Lumber Co.
Mrs. J. E. Tisdale will leave
f »r Temple Friday, where she
will have the toncils and adeno:d
removed from both her children
aud have Jim s side ex-rajed.
Our Stock of Merchandise con-
sists of over 1200 different articl*
es. We will save you uioney on
every purchase you make from
u«. City Variety Store.
Miss Ruby Porter, daughter
of Vernon Porter ot this county
is conducting a Beauty Parlor
to San Angelo arid wants her
Schleicher county iriende toeall
■>n her when in San Angelo.
Ninoe line of Spring goods for
vou to buy from, prices to suit
at Sharp’s Mercantile Co.
Mrs. W, F, Ford will go to
Temple Friday with her daugh-
ter ,Una, to have the daughtei s
toncils removed.
For Sale-Bundle Maiz*1, 5cper
bundle.
Mrs. Joe Burleson.
Mrs. J. F. Murchison was
here this week frem Odessa, she
>>ad been to Sonora Li attend the
i unoral of G- B. Hamilton. Mias
Mai ie Doty who haB been visil-
ir g in Odessa returned with her.
The ball game Friday alter-
ii on between the Frisky Farm-
ers and the Eldorado Bench
Warmers, was a decivise victory
for the Farmers, but the game
was not a real fair contest, for
die Farmers had quite a num-
ber of our town ball players
bi> ed to obop their cotton, there-
i• 11 e piled it on us whi’e piling
E Sharp was ofii
umpire
and counselors are buried 'the wolves of J
high finance are waiting outside their doors. !
They know the defenseless widows will he ■
easy prey. Many a woman today is penm- j
less as a result of making poor investments.
“Getting rii h quick” for the widow without
investment experience is in reality getting
poor quick. Once a sharp promoter gets
the confidence of a rich widow he has a
“Bonanza” as he calls it. Eventually he
gets the estate and the widow gets the ex-
perience. Widows with estates should be
on guard every minute. They are marked
persons, with promotion crooks hot on their
trail. The best thing that every woman in-
vestor can do is to consult her banker before
investing.
Properly cut and set, crystals sparkle in
realistic imitation of diamonds. The same
is true in the field of finance. There is that
which is fraudulent parading as the genuine. Don’t buy in-
vestments simply because they sparkle. In the realm of wild-
cat financing, fictitious credentials, testimonials, and refer-
ence* are employed to give setting and • -—--—________
m
W. R. MOREHOUSE
genuine appearance Some-are such
rank Imitations that they are easily
recognised, but others defy detection
except on the chi*' t Investigation liy
an expert. The only safe procedure is
to Investigate under competent advice
Literally millions of dollars are lost
to American savers annually as the
outcome of buying into something- -a
fraudulent farm promotion, a business
>r a Job that Is nothing more or less
than a set up to catch suckers.
Often the savings of a lifetime
«r* lost by buying
(arm hinds with the
is the seller so eager to part with hi*
property, even to the extent of making
If easy for a new owner to farm ItT**
the answer Is that the land is not
worth the selling price, nor will tb*
profits derived from It be anywhere
near us large as promised.
Buying Into the fox business, tb*
poultry business th- dairy business
•r any Kind of business Is risky unlesa
you deal with reliable persons or flrme
whose word is as good as gold Watcfc
unimproved he seller who is Insistent in forcing
understand a sale upon you. Look at Lie propost
W. P. Evans and wife were up
fr >m Chriatioval Monday visiting
and trading Will still enjoys a
good laugh and beleives the cow
uun is going to see still better
nays.
Fred Davidson was in from
the ranch Wednesday.
B >rn, Tuesday J une 21 to M rs
H. O’Hara, a daughter.
mg that the seller, or a service Hon from every angle Just because
company promoted by him. will he makes glowing promises Is no as-
plant lhe farm to treeB or vjnes. suranee that he is not the world’s
are for them, market the crop and champion exaggerator Extravagant
turn the profits, which, tt la promised, and exaggerated claims are the ear-
will be big, over to the owner. But mark* of the fake Investment. If
bis dream never comes true The you want to go into farming or buy
m-called guaranteed big profits are
never realized. If people would only
itop long enough to consider all an
glea ot an offer like that before In
seating they would see the folly of
plunging blindly Into such a proposi-
tion. Lot them ask themselves only
ibla one question: “if It Is true that
such big profits are to be made, why
Into a business. Investigate before yon
invest Writ* to’the National Better
Business Bureau. New York, or con
suit your local banker If they am
without Information on you) proposed
investment, wait until they can get
the tacts and report lo you They
have no Interest ai stake eacept t-
(orestall crooked garnet.
Pieston Chick, tax-anstssot
of Iron county, was a buaineee
visitor in Eldorado the first of
this week.
C. A Spencer has returned
from the Hill county, he reports
that lie enjoyed a good stay, but
business matters bscarne so
pressing that lie had to return
earlier than he anticipated.
We have the dope to kill screw
worms and dope to keep the fly-
**u off. Try it.
W. 11. Parker & Son
P. Currie, the mattress
kiDg of Eldorado, reports that he
is finding a good sale for hia
mattresses, he even sells them
in San Angelo He grows his
own cotton and makes it -into
mattresses, why shouldn’t they
aid) and give porfect satisfac-
tion.
tn NOTICE
We will only buy cream on
>-ach Tuesday until futher notice
aa we do not gel enough to ship
on Friday
Wright’s Cash Store.I
Good feed, 5c a bundle.
Ed Reynolds
Mrs. J K Hill and children
and Miss Cleon Dabney left for
Odessa Thursday to visit Mis.
F. Murchison.
Miss Luicle Page who visited
Austin returned last week ac-
companied by Mias Louise Hin-
yard.
1 have ansae new Wall Paper
book aud would like to take care
f your wall paper busiaeas.
8. L. Wright
ICE DELIVERED
1 am now delivering ice to any
part of town, 10 pounds for 10
cents, largerquantities at amall-
►>r rates, We srive service at ali
nine* solicit the patronage of
aII ami get you ice when you
\ ant it. For ice, service aud a
-quaie dtal Phone 108.
EARL PENN.
W I) Swift left Tuesday for
Eavtland on business, be reports
tnai oil is being developed on
his father’s farm and his father
wanted him to come and assist
him in selling and developing
bast s. Thefather beingSS yre.
• >f age was atraid to risk bis
jndg< ment alone, he has 820
acres and oil is being developed
on his land.
I
!
List With Me Your
Land & Live Stock
I am in touch with buyers
and will appreciate baying
a chance to sell your prop
erty, or get some Cor you.
General C< maiamn Bam mss
H. S. Eiov.
f
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Wright, A. T. The Eldorado Success (Eldorado, Tex.), Vol. 27, No. 24, Ed. 1 Friday, June 24, 1927, newspaper, June 24, 1927; (https://texashistory.unt.edu/ark:/67531/metapth1124196/m1/3/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; .