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CLOSE MARGIN OF PROFIT
IN OPERATION OF RAILWAY
.arge Amount Of Capital Risked for
Very Small Returns
,OF VITAL INTEREST TO PUBLIC
Investors Will Not Provide Money for
Improvements. Unless They Are
Assured a Reasonable Profit
on Their Investment'
Atlanta, Ga.-(Special.)-The close
4. nargin of profit for a railroad under
ipresent conditions is strikingly shown
sby figures submitted by President Har
rison in the annual report of South.
ern Railway Company for the Ilacal
year ended June 30th, 1916. Ia the
most prosperous year of the Compa
,y's history the net operating income
($21,004,005.09) represented only 5.31
Vper cent on the Investment ($395,722,.
785.06) in the railroad and equipment
'which produced it.
"It may perhaps be said," said Mr.
Harrison, "that there Is no industry ex
cept a railroad in which so large a
capital is risked for such a return in
Its most successful year."
At a time when the newspapers dal
1y are printing articles in regard to
increasing railroad gross earnings, as
indicating a rising tide of general
prosperity, it Is well to bear in mind
the very small return on money in.
vested in railroad property.
Many persons are misled into believ
ing that the railroads are fabulously
prosperous by the mcre size of the fig
-ures in which the earnings of large
railroads are expressed, but it should
be remembered that an enormous sum
of money was required to construct
and equip their plants and that the
return on each dollar invested is rela
it is manifestly in the interest of
the employees of a railroad and of
the public served that the railroad
secure new capital for addition's and
improvements to its llant so that it
may give better service and offer en
Jarged employment. However, this
can be acccmplished only by allowing
the railroad to earn an amount on
the capital already invested sufficient
to promise a return'on the additional
Governmental agencies may depress
rates and enact restrictive legislation
which will deprive the man who has
already invested in railroads of a fair
return on his investment, but no plan
bas been devised for forcing the man
with money in the bank to put it
Into railroad construction or improve
ment. Unless the investment appears
attractive to him and offers a fair:
return he will put his money in some
enterprise that cannot be affected by
Every employee of the Southern
.Railway and every shipper served by
ijt who recognizes his true Interest will
'do what he can to insure such a re
turn on the capital now invested in
the Southern Railway as will make the
securities of the Company more at-I
tractive to Investors, so the Company
will be able to secure the additional
capital needed to carry on a consist
ently constructive program which wvill
mean increased prosperity for every
interest in the territory served by it.
Southern News Bulletin.
.The Southern Railway,
Prem(iter (1arrier of the South
Arrival of Southern local trains for
Easley, S. C. in effect June 18, 1916.
.No. 42-2.20 a. m. No. 43- 2.45 a.m
No. 36-5.45 a.m. No. 29- 8.23 a.m
No. 46-8.45 a.nm. No. 39-12.05 p.m
No. 12-1.33 p.m. No. 11- 3.33 p.m
No. 40-6. 14 p. m. No. 45- 9.55 p.m
No. 30-7.27 p.m.
No. 30 receives passengers for north
of Charlotte and discharge passengers
from south of Atlanta.
J1. C. CAMP', Agent.
Send your next or
der for printing to
The Sentinel and
have it printed
Salfe, Sond a
We solicit your banking btn
courtesy and convenience consisi
Five per cent., interest paid on E
J. P. CAREY, President.i
Pickens School Honor Roll
First Grade-Attis Cauley, Elsie He
ter, Frederica Hallum, Virginia Lewi
Francis McFall, Eleanor Mauldin, Cie
Second Grade-Edith Hames, Hele
Langston, Annie Mae Stewart, Winn
fred Stewart, Margaret Valley, Quir
ton Porter, Claude Seawright, Far
Third Grade - Eugene Alexander
Wyatt Stewart, Linnie Cantrell, Na
Newton, Margaret Richey.
Fourth Grade-Margaret Bivens, Rut
Grayley, Ethel Porter.
'ifth Grade-Neta Belle Johnsoi
Daisy Bivens, Essie Stewart, Athali
Hallum, Patti Porter, Ellen Freeman
Lois Hames, Louise Hutchings.
Sixth Grade-Frances Cox, Nanni,
Morris, Edna Willis, Don Roark.
Seventh Grade-Eula Stewart.
Eighth Grade-Merle Hendricks
Janie Holder, Ethelyne Gantt, Bernic
Carey, Melenee Thornley.
Ninth Grade-John Lynn Freeman.
Tenth Grade-Margaret Aiken, Ber
tha Cantrell, Annie Gravley, Harrisoi
Edens, Joe Frank -Freeman, Frani
Keith, Steen Looper.
Honor Roll Glassy Mt'n. Schoo
First Grade-Florence Day, Ralph
Anthony, Frank Anthony.
Second Grade-Irene Freeman, Franl
Childs, Bryan Anthony, Irvin Hen
dricks, Lillian Hayes, Elbert Leslie,
Third Grade-Mary Chastain, Furman
Chastain, Leroy Childs, Hamp Day,
Ernest Leslie, Alma Hayes.
Fourth Grade-Florence Hendricks,
Agnes Leslie, Parker Hendricks, EvE
Anthony, Furman Simmons, Eva Baker,
Sixth Grade-Ivy Hendricks, Jim Ec
Hendricks, Johnnie Simmons, Cleo An
Seventh Grade-Lizzie Anthony.
Ninth Grade-Ernesi :e Hendricks,
Verona Mae Anthony,! --rtran Anthony.
MATTIE Bow -N, Principal.
LILLIAN PA/' tiiun, Asst.
Honor Roll Praw rs School
First Grade -- Robert Abercrombie,
Cleo Cater, Garland Ferguson, Edna
Watson, Marie Brezeal, Wade Brezeal,
Fowler Brezeal, Joe Massingill, Ira
Porter, Herman Stephens, James How
Advanced First Grade -Ralph Hunter,
Second Grade-Clarence Bolding, Clec
Bolding, Claude Bolding, Lela Bolding,
Herbert Fergus6n, Florence Garrett
James Seaborn, Eness Watson, Jame,
Massingill, Floyd Howard.
.Third Grade-Eugenie Lewis, LenE
Pilgrim, Teenie Watson, Della Howard
J. D. Ferguson, Bolt Looper.
Fourth Grade-Mae Looper, Paulin(
Massingill, Annie Brezeal.
Fifth Grade-Cromer Looper, Luciu.
Murphree, Ira Bolding.
Seventh Grade-Mae Massingill.
Miss IDA BAKER,
J. D. VICKERY,
Norris School Honor Roll
First Grade -Frank Clardy, George
Clardy, Tate Maddox, Creed Mauldin.
Advanced First Grade: Henry Entre
kin, Lonce McWhorter, Estelle Patter.
son, Mabel Patterson, Robert Smith.
Second Grade-Lottie Alexander, J. C.
Bolding, Bud Johnston.
Third Grade - Ollie Ellenburg, Annie
Bell Entrekin, Pauline Gaines, Arthmi
Fifth Grade -Norene J1ohnston, Thos,
Tate, Cecil Young.
Sixth Grade-Huston Alexander,Olivt
Alexander, Lizzie Entrekin, I. P, Gar
vin, Lillian Johnston.
Seventh Grade-Clifton Mullinix.
IL. E. KIRBY, Principal.
Come to Pickens to (10 you:
trading. Our merchants hay<
the goods and they will trea
Renew your subscription t
your county paper
See The Sentinel for Printin
NS, S. C.
*siness and will showv you cyei
ent with sound banking principle
J. 0. CAREY, Cashej'
Mauldin School. Honor Roll
First Grade-Lelia Holder, Truman
Sheriff, Jewel Sheriff.
Second Grade-Evangeline Dorr, Ethel
y Rogers, Nell Stansell.
Third Grade-Ola Satterfield, Ruth
Prince, Roy Duncan.
Fourth Grade-John Arlail, Ruby Mc
Donald, Clarence McDonald, Ralph
t Christopher, Ralph Smith, Gladys Les
Fifth Grade-Mildred Jones.
" Sixth Grade-Nellie Barr. Honorable
mention: Gladys Smith, Dessie Mc
Eighth Grade-Velma Hammond.
Honorable mention: Jennie Ariall,
3 Willie Ariail, Sunie Porter.
Ninth Grads-Ethel Dorr. Honorable
mention: Ruth Hinton, Margie Mc
Donald, Estelle Stansell, Mamie Stan
sell. EMMA HAMMOND, Prin.
GRACE MAULDIN, Asst. I
. Honor Roll Dayton School
Following is the honor roll of Dayton
school for the month of February:
First Grade-Queenie Burns, Eliza
beth Couch, Margaret Day.
Second Grade-Ruth Couch, Nellie'
Satterfield, Olivia Stegall, ClaudeThomas
Third Grade-Nellie Leslie, Rusha
Stegall, Essie Thompson, Clarence
Thompkins, Lola Thompkins.
Fourth Grade-Herman HawkinsCarl
Leslie, Lissie Mauldin, Lizzie Mauldin,
Advanced Fourth Grade-Neta'Alli
son, Bertha Burns, Bessie Burns, Eva
Hawkins, Ray Hunter.
Fifth Grade-Roy Burns, Townie Ste
gall, J. D. Stegall, Ben Wilson, Marie
Sixth Grade-Willie Burns.
SeventhGrade- Rosa Satterfield, Della
Thompson, True Tompkins, Mary Wade.
Ninth Grade-Verner Leslie Ernest
ADA HI. MILLER,
GERTRUiE D. FoSTER,
Colds, LaGrippe, Rheumatism
A pleasant but effective emulsion,
which rebuilds the tissues, revives the
system, adds strength and stimulates
the nervous system. Ithas absolutely
no alcohol, and is in every sense a
$1.00 PER BOTTLE
Ask Your Druggist
Manufactured Solely By
Columbia, S. C.
4 TRADE MARK '2
20 to 50 poun
brands of ferti
lint per acre r
out fory yourse
Have been built and
usisince August 1st,
This unusual fall and
confine the distributi<
diate delivery to reta
cars in anticipation o
We are issuing this n
selves against delay <
you are planning to r
take delivery now.
Immediate orders wil
Delay in buying at ti
Enter your order tod,
listed below and don'
Phone No. 7
)n a few staples, such as Sug
loffee, Lard, Flour and Fec
Will make special prices on t
above till January 1.
Car Cotton Seed Meal, car
Shorts, car of Feed Oats, car
Sweet Feed and a car of H.
and another car of Salt on I
way. Come in and see if
have got what you want, or c
Phone No. 36.
Morris & Company
Old Postoffice Building.
Phone No. 36
- - 1iI*
D STEER BRA
ds MORE LINT
lizer. Even at 15
educes your fertili2
if. You can prov
>nl is that SWIFT
quality and higi
ble mixed and tho
rence between SN
SHOW UP AT
me increased prodi
IFT & COM
Sales Office for North an
les: Columbia, S. C., Savani
OLGER. THIORNLEY &
F 0 R I
HE UNIVERS AL C
actually delivered to retail buyers
L7-represent the actual number o
1916, and delivered by our agents
winter demand for Ford cars.mal
)n of cars only to those agents wh
il customers, rather than to per
f later spring sales.
otice to intending buyers that t
)r disappointment in securing For
>urchase a Ford car, we advise yov
11 have prompt attention.
tis time may cause you to wait sev
iy for immediate delivery with ou
t be disappointed later on.
I Motor Corr
'ES: Runabout $345, Touring Car $360, Coupel
TowniCar $595, Sedan $645, f. o. b. Detr
is Auto Cc
Notice to Creditors
District Court of South Carolina,
Western District of South Carolina. (
LI, In the matter of M. Parsons, Bankrupt,
d. Liberty, S. C.
he To the creditors of the above-named
Take notice, on the 17th day of Feb
of ruary, 1917, the above-named bankrupt
of filed his petition in said. court praying
that he may be decreed by the court to
t have a full discharge from all debts
;he provable against his estate, and a hear
we ng was thereupon ordered and will be
all had upon said petition on the 27th day of
March, 1917, before said court at Green
ville, in said district, at 11 o'clock in
the forenoon, at which time and place
all known creditors and other persons in
interest may appear and show cause, if
aythey have why theraer of said
J. B. KNIGHT, Clerk.
February 17, 1917. 46
will tell you that 4(
ND FERTILIZERS v
COTTON PER AC
e per pound, every 10
~er cost $7.50 per ton.
e it this year by using S
'S FERTILIZERS are
VIFT'S and other ferti
' THE SCALES.
iction applies to all oth
E RS, Red Ste.
t~o Use Them'
ni hface by
PANY, (FERTILIZER V
d South Carolina, Charlotte, N. C,
nah, Ga., Chester, S. C., Wilmingt
since August 1, 1916.
f cars manufactured by
to retail buyers.
zes it necessary for us to
o have orders for imme
mit any agent to stock
bey may protect them
d cars. If, therefore
i to place your order and
e authorized Ford agent
Pickens, S. C.
Will Keep You Well
a9 0ot a terrifile
Dated or have
any stomach or
done or two of
1% -!%,",4 OR Liver
Will pUt You In
ho shate. it
Fiue th Purely
kigetlfu l c lon-alcohoi
lizers lC'.unt and effectively.
I c au'er.. f.. Jan ro. ps.
wAs s L n"'ks 1-6oa l ear and the. Doctor
r-Br n1d s y. J.-R__ -.al
Grrgr~oN. C u. , lataaaa en