Sunday Gazette-Mail from Charleston, West Virginia on July 7, 1974 · Page 7
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Sunday Gazette-Mail from Charleston, West Virginia · Page 7

Charleston, West Virginia
Issue Date:
Sunday, July 7, 1974
Page 7
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Page 7 article text (OCR)

1A 3*** Wy 7 « ! * 74 Smm^my C ···«§ Mill --"^·^»-'^---^--· -- ^- ---- -·-- ·»" · ·"-' ·»- ··- " f^M^^^^. ^^^tf Vtf^^^ "·· --' ·« r -w NECESSITIES COME FIRST ON 'CHECK DAY' This Father and Son Decide New Tires Are 'Must' -APWirephoto 'Check Day 9 Big in Logan get (800.000 monthly from the Black Lung program, he said. Hobard Thomspson Jr.. a UNW representative in Logan County, estimates at least 4,000 retired miners reside in the county. They get up to $150 a month in union pension checks. Also, an undetermined number of widows are getting |7S each month from the UMW. " rt · P* NOT INCLUDEED in the above totals are the thousands of dollars in welfare and workman's compensation checks that are dispensed in the county each month. These are mailed out a midmonth, however, and miss the check day crush. Postmaskter Doyle Robinson said he scheduled extra workers at the.-,end.- of. the? month -'when the volume al-' . most doubles. Also, a lot of these folks live out in the hollows and don't have checking accounts so they come in here and purchase money orders to pay their bills." Of the 4,300 persons served by his office, 1,800 receive'So- cial Security checks, he said, and then added: "No wonder nobody around here wants to work." Robinson's sentiments abou From Page One the BrVal work force -- a view expounded frequently and loudly by the area's coal operators -- is widely held, but erroneous. As of April, according to state statistics, 13,500 members of the total 14,230 Logan County work force were steadily employed. The county's 5.1 unemployment rate, though higher than the national average, was three-tenths of a point below the state average and far below tthe unemployemnt rates of surrounding counties. ' · ·'.'-.' ' · ·· * · · : · · - . ' ' · - · . . - · BUT WHILE Logan Coun- tains are generally hard workers, noboxy is any busier on check day than the employes of Logan's state-operated liquor store. Business there is smashing, to say the least. "You wouldn't believe how busy it gets then," said a young man as he stacked up bottles of bourbon in preparation for'check day. "Sales go up like a rocket; it's a case of easy come, easy go." Like many of the young people still in the coal fields, Con- nie Sargent, the 19-year-old receptionist at the Chamber of Commerce, can't remember a time when check day wasn't a big event. "It's been this way as long as I can remember," she said. "Sometimes check day is even worse than Christman; sometimes it takes an hour just to drive around town, and we only have two streets." Carl Danie, executive vice president of the National Bank of Logan, can remember a time when the bulk of the town's affluence came from payroll rather than pension checks. Check day is something he admittedly views with mixed emotions. . "A lot of people who get these checks are good depositors of the banks," he said, "but we hope that some day we won't be so damned dependent upon these government checks." City National Bank of Charleston 3601 MatCorVIe Avenue, S. E. "Member of Federal Deposit Insurance Corporation REPORT OF CONDITION June 30,1974 ASSETS Cosh and Due From Banks S 3,348,888.28 U. S. Government Bonds 5,070,310.52 State and Municipals 5,710,436.34 Other Securities 48,750.00 Federal Funds Sold 1,370,000.00 Loans and Discounts 16,197,451.46 Bank Premises Equipment 1,398,757.50 Accrued Int. Receivable ' 168,556.91 Prepaid Expenses 217,999.75 Other Assets 21,50 7 . 1 3 TOTAL ASSETS 533,552.657.89. LIABILITIES Demand Deposits SI 1,562,518.96 Time Deposits 19,134,682.26 TOTAL DEPOSITS $30,697,201.22 genuine ruby rings Genuine rubies... July's birthstone, but favored by all. Select one of these f irey red beauties of the gem kindom... treasured by regal regalia even before the time of written history. Genuine ruby rings ... some sprinkled with sparkling diamonds. All set in high fashion mountings of precious 14K gold. FINE JEWELRY-Sfreef Floor V? ct. ruby 95.00 '/2 ct. rubies. 110.00 2/3 ct. rubies 250.M Vi ct. rubies. mindy insilonc! \ Mindy Melon* has the right idea for the junior . . . a perfect polyester fashion for summer . . . featuring short sleeves, elastic waist with self belt and lettuce edge trim. Pretty in Aqua or Dusty Rose in sizes5-13 ...... / ................. 32.11 YOUNG W, VA. SHOP-fatnion floor OFFICERS Wayne A. Rich Chairman ot the Board and Trust Officer James I. Burns President and Chiel Executive Officer Larry L. Dawson Vice President and Cashier Carl D. leoch Jr. Vice President Thomas L. Jones Assistant Vice-President J. Steven Henson Assistant Cashier Howard Jennings Assistant Vice-President Brenda J. Sutphin Assistant Cashier - R. C. Peorce Jr. Auditor DIRECTORS Paul R. Anderson, Sr. Investments G. V. Brown President and Chief Executive Officer R. P. DeVan, Jr. . President, DeVan Gallaher, Inc. W. S. Endres ; President, Dougherty Company Inc. Roger D. Griffith President, Trivillian Pharmacy, Inc. Charles R. Hooten, Jr. President, Hooten Equipment Co. Harry R. Howetl Howell Paterno, Certified Public Accountants Richard J. Hoylman President, Hoylman Huffman Inc. Dewey E. S. Kuhns Manager Charleston Retail Credit Brueau, Member Konawha County Court J. Richard McCormick Vice-President, McCormick Jewelers Kelley E. Reed President, Reed-Shannon Agency, President, Kelly Reed Pontiac Wayne A. Rich Chairman of the Board and Trust Officer JonW. Watkins President--Charleston Wholesale Furniture Co. Calvin F. Wilson Manager, Kanawha Airport CAPITAL AND RESERVES Reserves S 890,481.72 Capitol Stock Common 525,000.00 Surplus 600,000.00 Undivided Profits 689,974.95 Debentures 150,000.00 TOTAL CAPITAL RESERVES $2.855,456.67 TOTAL LIABILITIES 533,552,657.89 Telephone 92 5-6611 NATURALIZER SEMI-ANNUAL CLEARANCE REC. 16.00-27.00 ,.,,9.90-17.90 NAT'JRAUZER SHOP--Sfreef Floor NATURALIZER. THE SHOE WITH THE BEAUTIFUL FIT

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