Denton Record-Chronicle (Denton, Tex.), Vol. 51, No. 291, Ed. 1 Wednesday, July 7, 1954 Page: 3 of 10
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4M2581*
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Wedneiday, July 1954
THE.DENTONRECQRD:CHRONIELE
PAGE
BUSINESS PAYS, THOUGH
c-.-th
glo
Consultant’s Prices Come High
f
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3
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Mothers And
Charter No. 4708
Reserve District No. 11
-
V
-12-3
I
9
OUR JULY
9
2.
14
31 Lb. ALL WOOL
3.
BLANKET
CONTINUES
Extra Size 72x90’.
$9,257,746.30
LIABILITIES
13
-
$5,320,585.77
14
%. 1
15
16.
17. Deposits of banks
Other deposits (certified and cashier’s checks, etc.)
DELUXE CHAMPIONS
Total Deposits
$8,548,504.07
r
53,744 46 '
... $8,602,248.53
h
A
a
85,000.00
| BUY 1st TIRE AT
31.
REG. NO TRADE-IN f
32
*
50,070.37
33
| PRICE OF $20.60 \
120,257 87
1
11,899.44
GET 2nd TIRE FOR..
4
101,255.78
1 mt > mtv
35,387.71
All Sizes Blade and White Sidewalls SAl£-mC£lf!
2 Year Replacement
WHITE SIDEWALLS
BLACK SIDEWALLS
268,730.80
Guarantee
33
SIZE
SIZE
1
268,730.80
9007,
4
Your old tires will make the down payment • Low as 81°0 a week
zom2%.
.mmssea
ON THE SPOT SERVICE
LIABILITIES
1
$3,837,168.75
20,000.00
120,257.87
’ 168,814 83
Total Reserves
1,814,120.76
$8,548,504.07
DEPOSITS
$6,395,842.45
19,307,816 67
Total
$9,307,816.87
Total
!
Phone -4161
700 N. Locust
’ 1
m
$
1
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nreda
ema
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2.
PAY L I T T L E - B Y-L I T T L E
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PAY L I T T L E - B Y-L I T T L E
#.7A
I
24“3%
kkk.2
PAY L I T T L E - B Y-L I T T L E
2w
Long-Lasting
Conversation
6.00-16
Plus Tax
*Plus Tax and your present tires If they er recoppeble
••Pun Tax
R M BARNS
L O McCRAY
present tires
if they are
recappable
, •. 2-FOLD
WARMTH!
U. S. Bonds
Other Bonds
10.30*
11.30*
10.78*
12.53*
12.70*
13.70*
15.05*
15.70*
655,497.77
$9,257,746.30
$ 200,000 00
300,000.00
70,497 77
8,1
200,000.00
300,000.00 :
70,497.77 |
18.
19.
23.
GET 2nd
ms roe
Mechanical Service • Brake Service
• Wash and Lubrication
)
4
L i
4
f I
tHu
.' 1
1
MT 2nd
nil roe
12.63*
13.85*
13.20*
15.35*
15.55*
16.78*
18.43*
19.23*
Assets pledged or assigned to secure liabilities
and for other purposes
Loans as shown above are after deduction of
reserves of ..........
Demand deposits nt individuals, partnerships,
and corporations
Time deposits of individuals, partnershi;
and corporations
Deposits of United States Government (including
postal savings) ..................................
Deposits of States and political subdivisions
+ 343
p %
2 - ’
Capital Stock ..................
Surplus ...................
Undivided Profits
Reserve for Dividend, Payable
July 1, 1954
Certificates and
Grain Notes
CASH AND SIGHT
EXCHANGE
J
W
On the Farm Service Anywhere in the County.
A Service Laney has been Giving for 23 Years
GIVE US AN OPPORTUNITY TO SERVE YOU
i
does not include those struggling
with the rituals of advertising or
the mysteries of relations with the
public or press.
The association also excludes a
"somewhat transient group" which
it defines as: "retired executives
who take up consulting almost as
an avocation; college professors
with part-time and summer clients;
OFVICERS
II,L WILLIAMS, President
I E SAVAGE. Executive Vice-President
J E. KIMBROUGH. Vice-President
R M. BARNS. Cashier
BERNICE MTTCHELLi, Asst. Cashier
E. W. BROCK, Asst. Cashier
EARL J. SMITH, Asst. Cashier
29. Total Capital Accounts ...............
30. Total Liabilities and Capital Accounts
MEMORANDUM
DIRECTORS
ORAN E MONROE
WILL WILLIAMS
RIO. NO TRAM-IN
PRICE Irt TIRI #a
25.25
27.70
26.40
30.70
31.10
33.55
36.85
38.45
(a) (1) Loans to farmers directly guaranteed and
redeemable on demand by the Commodity
Credit Corporation, and certificates of
interest representing ownership, thereof
(2) Real estate loans insured under Titles II, VI,
and VIII of the National Housing Act .....
(3) Loans insured or guaranteed by Veterans’
Administration—insured or guaranteed
portions only ................................
(4) Federal Housing Administration Title I
repair and modernization installment loans,
to the extent covered by insurance reserves
(.7) Total Amount of Loans Certificates of
Interest and Obligations, or Portions Thereof
Listed above), which are fully backed or
insured by agencies of the United States
Government (other than "United States Gov-
ernment obligations, direct and guaranteed")
(b) Total amount of loans, certificates of interest
and obligations, or portions thereof, which
are fully backed or insured by agencies of
the United States Government (other than
"United States Government obligations, direct
and guaranteed”) ......
6.00-16
6.70-15
6.40-15
7.1015
6.50-16
7.60-15 '
8.00-15
8.20-15
8.1
OlS
2750
990
SAM LANEY TIRE CO
TIRE COMPANY
4- '
1,775,111.38
... 112,687.13
1,201,902.30
J E. KIMBROUGH J E. SAVAGE
MARK HANNAH
W B. McCLURKAN W. F. BROOKS SR.
Stool . . . acetate satin
pound. 12"*84".
Imagine, only 9.90 for this 3%4-lb. blanket beauty
. . . every inch pure resilient wool. In rich decorative
colors like carnival green, sun flame. All acetate
satin bound Unconditional 5-year guarantee against
moth damage.
Condensed Statement of the Condition of
DENTON COUNTY NATIONAL BANK
DENTON, TEXAS
AS OF THE CLOSE OF BUSINESS JUNE 30, 1954
1,753 consultant firms in the land.
It reports today that almost half
of them started handling other
people's troubles since 1940, and
that since 1950 the number of con-
sulting firms has grown by 10 per
cent each year.
The firms deal with manage-
ment problems of manufacturing,
trade and the professions. The list
—-*■ - - - -
CORRECT—ATTF ST:
Will Williams
Oran E. Monroe
Joe E. Kimbrough, Directors
State of Texas, County of Denton
Sworn to and subscribed before me this 6th day of July, 1954,
and I hereby certify that I am not an officer or director of this bank
W. C. BOYD, Notary Public.
My commission expires May 31, 1955
COOL, POT— Rusty, pet crow of 14-year-old Martha
Ann Bradford in Cleburne, Tex., appears here to be tell-
ing his pretty, mistress that 100-degree weather juat
wasn’t meant for a crow. Rusty spends most of the day
on the Bradfords’ window cooler, where the temperature
is a little lower.
I, R. M. Barns, cashier of the above-named bank, do solemnly
swear that the above statement is true to the best of my knowledge
and belief.
GOLDEN DAWN
ELECTRIC BLANKET
You dial the warmth you want . . . sleep comfort-
ably, the modern way! 50% wool; 25%4 cotton,
25% rayon blanket with single control carries a 2-
year replacement guarantee against mechanical de-
fects, and moth damage. Smart colors; 72"x84".
Dual Control Electric Blankets ........ 32.50
2858/
1
pL
U
6.00- 16
6.70-15
6.40-15
7.10-15
6.50-16
7.60-15
8.00-15
8.20-15
0% dhabo
\.
-
• 1
, J
JACQUARD
BLANKET-
WESTERN OR
NAUTICAL!
3.39
Young America's favorite
patterns, on Penney's
toasty blankets! These
' long - wearing, colorful
50% cotton, 50% rayon
blend are perfect for
your tomboy's room . . .
make grand picnic blan-
kets too! Strong herpmed
- ends;70"x8esize.-—-
________________R- _ —J
■ I
1 ,
t
12. Total Assets
2 TIRE SALE
By SAM DAWSON
NEW YORK u— In good health
or bad, American business tends
to call in a consultant. This year
it may pay around half a billion
dollars for outside advice on bow
to run its own affairs.
Maybe the advice is tor a spec-
ial job, such as bow to make a
ranch profitable, or how much to
pay a salesman for use of his car
on company business. Maybe it’s
for a general job on how’s the best
way to improve a sick business or
make a healthy one still more
profitable.
The 1940s brought out a rash of
advice-for-a-fee men and the num-
ber is growing every year, come
good times or bad.
"Consulting looks like a glamour
occupation to a lot of people,”
says Horace G. Crockett, president
of the Association of Consulting |
Management Engineers. "So a fair
number take the plunge and go 1
into business every year. And, as I
in most small businesses, the pro-
portion of casualties is high."
The association has surveyed
I
R M BARNS. Cashier
and Warrants 624,295 07
Comodity Credit Corp.
5. Corporate stocks (including $15,000 00 stock of
Federal Reserve bank)
6. Loans and discounts (including $10,232 99 overdrafts)
7. Bank premises owned $30,000.00, furniture and
fixtures $38,000 00
aio. no TADI-IN 1
rates 1m rias ** I
20.60
22.60
21.55
25.05
25.40
27.40.
30.10 -
31.40
y-
/
Bnn
1 a
I
‘ REPORT OF THE CONDITION OF THE
Denton County National Bank
of Denton in the State of Texas, at the close of business on June 30th,
1954, published ih response to call made by Comptroller of the Cur-
rency, under Section 5211, U.S. Revised Statutes
ASSETS
1. Cash, balances with other banks, including reserve
balance, and cash items in process of collection $1,814,120.76
_6
Other liabilities: Reserve for Taxes $33,744 46.
Reserve for, Dividend No. 107, Payable
July 1, 1954 $20,00.00
because they're woven I
168" long, too fold over,
double, give you extra in- f
sulation! They're a full •
3%-lbs. blended of 55%
zotton, 20% rayon,5%
3%2-Lb. PLAID
PAIR BLANKETS 1
BUY 2 MD SAVE
Mg • a , . .
$ irestone
MIAMI, Fla. (AP) - Mrs. Mil
dred Miller went into a drugstate
in her neighborhood at 11 p.m. |
to make a call on the pay phone 1
there. At 11:45, Druggest Henry
Mitton noted she was still talking.
"I forgot about her after that,”
Mitton said, “and we closed the
store at 12:30."
Some time after that, passersby
were attracted by a woman bang-
ing on the drugstore window from
the inside, She shouted that she
ha1 been locked in the store.
Police called the owner, Lynn
Abelson, and his wife drov eto the
store to let Mrs Miller out.
"I’m so embarrassed,” Mrs. Mil-
ler said. "I don’t know what you’re
thinking, but you can search me."
"That won’t be necessary,” Mrs.
Abelson said. "One woman can un
derstand another woman’s prob-
lems.”
' th"-
Children Get
Highest Here
Mothers and children in Denton
County were getting 23 per cent
of. the $36,736 monthly total in
social security insurance benefits
being paid in the county at the
end of 1953, F. A. Thompson, field
representative of the Dallas So-
cial Security office, announced
Saturday.
These newly available figures
show an increase of $1,566 in the
total of monthly payments to this
group of beneficiaries in the 12-
month period ending with Decem-
ber," he said. Total payment to
children in this county was $8,474
for the month of December, In
the nattion as a whole, .over one
rillion children were getting a
total of about $32% million in
monthly payments at the end of
1956. Nationwide, over a quarter
of a million widowed mothers were
paid a total of over $9% million
in December.
The largest groups of benefic-
iaries under the social security
insurance program, however, con-
tinue to be retired workers, Thom-
pson said. In December 518 such
beneficiaries in Denton County
were paid a total of $22,234. This
was an increase of $7,661 in tottal
payments in a 12-month period.
Nationwide, the increase in re-
tired worker beneficiaries was 578,-
416, and the ‘total monthly pay-
ments to them increased from
same period.
Other beneficiaries on the rolls
in Denton County are wives and
aged dependent husbands of re-
tired insured workers, aged widows
and dependent widowers of de-
ceased workers, and dependent
parents who are receiving survi-
vor benefits. The total of all bene-
ficiaries in Denton County receiv-
ing monthly benefit payments at
the end of 1953 was J,026, Mr.
Thompson said.
.. ■ ...... ■ • me ... „ ....
2.2 i ' 32 r aa--- 4 sage
nnL
.... $1,896,000.00.
free-lance eonsultants who, m » -
class, are seldom stable."
Consultant firms tend to the
small side, the association says.
The largest did an eight-million ]
dollar gross business last year,
but only 3% per cent of the firms
report gross Income of a million
or more. ’The typical one-does a
$60,000-a-year business, has six or
seven employes, with two or three
classed as partners or officers.
The largest group of specialists
tackles businessmen's problems in
the fields of marketing, market re-
search, labor relations, personnel,
finance and foreign trade.
--m
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.. 4
(
BUY THEM NOW!!
Un'ted Stales: Government obligations, direct
and guaranteed ............................ 3,837,168.75
Obligations of States and political subdivisions ...... 609,295.07
1.
tut
.. -
41,480.30 ,
96,737.19
■
4.98 |
I ;
Like two blankets in one, I»
.
2 26 36.32220
V.ahhan
30
"2587879
... — . e- 4-e- , 222
221 Laa ka."N.“
MF Used As Original Equipment
,> On America's Finest Cars
15,000.00
2,914,161.72
68,000.00
24. Total Liabilitits
CAPITAL ACCOUNTS
25. Common stock, total par .................
26. Surplus .........................
27. Undivided profits
Reserves (and retirement account for preferred
stock) For Contingencies
RESOURCES
> Ioans and Discounts .... $2,843,974.22
Banking House and Fixtures 68,000 00
» »‘
FAMOUS FIRESTONE
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Denton Record-Chronicle (Denton, Tex.), Vol. 51, No. 291, Ed. 1 Wednesday, July 7, 1954, newspaper, July 7, 1954; Denton, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1449730/m1/3/: accessed June 20, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Denton Public Library.