Columbus enquirer-sun. (Columbus, Ga.) 1886-1893, June 22, 1886, Image 2

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DAILY ENQUIRER * SUN : C0LUMBU8, GEORGIA, TUESDAY MORNING JUNE 22, 1886. Report of the Committee to Investigate Books and Accounts of the Road. Thr Itcuult* of * Thorough Kxsmlnatlon Forth In thr Hrport—An K»|ilanut1oo of thr Itrhta ami t’rrrlita of thr linml—A t <»mt>lrir SUIrnirnt of thr Mortimer Prht Full Fsrtr llrgariling thr Bunlnrvi of thr Itontl. To the Stockholders of the Mobile and Girard Railroad Company : In accordance with the resolution adopted at the annua! convention of the stockholders of tin Mobile and Girard railroad dompany, July 1, 1SS5, which is as follows: “Resolved. That a committee of three be appointed by the chair to investigate the hooks and acco tints of the road in the most thorough manner, and report the conclusion ns to the accuracy of the same and furnish such analysis of the balance sheet taken front said books as will convey a clear idea to the stockholders of the financial condition of the property. Also to report upon all traffic arrangements of the road, and the conduct of its traffic business and their effect upon the revenue of tiie company. Same report to be printed by the secretary of the company ami furnished to all stockholders." Your committee met, and together with Captain C. E. Hochstrosser, an expert bookkeeper, made a thorough examina tion oftne books, accounts of the road, and all matters contained and set forth in said resolution. Wc find the books and accounts of the road very neatly and accurately kept, and the condition of the company on June 1st, 1«85, to be as shown by the followingstate- ment in annual report of officers of that date, the same having been examined by us, item by item, viz: CONDITION OK TUI* Momi.l: AND D1HAKD RAID- ROAD COMPANY, JIJNU 1, 1HS5. I)r. Road anil Equipment $2,002,237 42 Profit ami loss 312,163 29 l T . 8. P. O. Department 8-12 71 Central railroad hank 31,268 88 Merchants ami Mechanics hank 2,632 60 Public laud sale 1,416 71 Columbus and Rome railway 3,5-12 40 Cash 923 77 $2,356,027 78 Or. Capital stock $985,815 55 Preferred capital stock 278,967 39 Pike county stock 4,080 00 Second mortgage bonds 8 pr cent 261,000 00 Third mortgage bonds4 per cent 800,000 00 Third mortgage bonds 6 per cent 19,000 00 Equipmei of road and outfit to June 1st, 1885. Profit and Loss- We find to consist in the difference between the earnings and the running expenses and interest charges; and amounts to, as per table below: RECAPITULATION OK PitOKIT AND LOSS. Dr. July 31, IS76 M, & E. R’y $ 10,717 32 Interest 313,746 91 May 31, 1885 Note for stock not good anil charged up 5,074 15 $329,538 38 Cr. April 30,1879—Old claims... $ 8:18 70 May 31, 1885- Earnings 16,536 39 Balance 312,163 29 $329,538 38 May 31, 1885- Brought down to bal ance profit and loss $112,163 29 This account has been thoroughly ex amined from May, 1875, to Juno 1st, 1886, and verified In every particular. United States Post Office Department— We find to consist of amount duo for mail service rendered and unpaid for balance of quarter at date of report. Central Railroad Bank—We find this to be an amount deposited to the credit of the Mobile and Girard railroad to meet in terest- falling due in June and July, 1885. i" Merchants and Mechanics’ Bank— This amount to credit of company in daily busi- j ness transactions. Public Land Sale -Consists of amount I paid for taxes in excess of amount realized by sales. I Columbus und Rome Railway Company— ! This amount was due by Columbus and | Rome railway on June 1st. 1885, for mate- | rial sold them by the Mobile nml Girard railroad, and t hen unpaid, but which lias since been paid. Cash—Amount in (lie hands of the treae- , urer on June 1st, 1885. EXPLANATION OK CREDITS. Capital Stock, Preferred Capital Stock, j Pike County Stock.— Reduction in amounts ns compared with 1884 caused by order of board of directors, May 31st, 1885, by can cellation of unpaid certificates of stock and notes given for payment of same. Bonds, Second Mortgage Issued by au thority of board of dire, tors, 111. February, ISf.'.l, to the amount of £300,000, bearing 8 i per cent., of which 5*30,000 have been paid and cancelled, leaving $261,600 still out standing. I Third Mortgage- Issued by order of the i board of directors, Julv 31st, LsTT, to the amount of $1,000,000.00,'$800,000.00 of which bearing I percent interest paid to Central Railroad and Banking company, in full j payment of indebtedness to that company at that time; $200,000.00 bearing ti per cent interest, $107,000.00 of which are now 1 deposit.din tiie Chattahoochee National bank, subject to order of your company: #33.000.00 were issued, of which $14,060.00 liave been paid and held by the company, and arc now nncanccllcd "and on deposit in Central railroad bank, leaving $10,000 l outstanding. This leaves bonded indebt edness of #1,080,000.00 outstanding at this j date. Agents’ Ledger We find consists of un settled balances at date of report, with agents of your and other railroads, which I amount changes from day to day. In addition to above wc find on compar ison of the condition of your company in 1885, as compared with 1871, an increase in valuation of $205,284.22. Receipts and Disbursements- Upon ex amination of receipts and disbursements for year ending May 31, 1885, we find fol- : I. wing statement to be correct, namely: 31, IHK5. Stc into est.. Contract i< Meichauts’ and Mechanic* Agent’s ledger Bills receivable Cash on hand Mav 31, 1885 Disbursements- 1,022 17 550 00 3,9-18 98 5,126 (i| 7,171 15 962 09 177,736 i 48,9-13 5,071 2,288 Profit anti loss.. Capital stock Preferred capital stock ... Pike county stick 550 00 Central railroad bank 2,698 31 United States pos. office department.. 143 32 Public land sale 347 33 * olumbus and Ro ne railway 3,542 40 Cash Oil hand May 31, 1885..' 923 77 , , , . $213,081 30 And explain the same as follows: EXPLANATION OK DEBITS. Receipts—Freight Earnings, Passage Earnings, Mail Service We find to eon- ness * 10 recei l jtB ^ usual to railroad busi- Stock Interest, Construction Account— bul , he amounts received from cancellation of unpaid stock certificates • nd the destruction of unpaid notes give* ir stock. Merchants and Mechanics’ Bank—W ‘.nd to be the difference in monthly depot ;w with tiiat bank. Agents’ Ixfdger—Consists of unsettlci stances of agents of your and other rail roads, which change from day to day, id bofore explained. Bills Recelv . bio—Consist of claims hel >y your company, nnd at the date of abov. tatement not collected. Cash—Amount in hands of treasurer May 1, 188*1. EXPLANATION OF CREDITS. Expenses and I nterest—Current expense! >f the road and interest paid on outstand- ng bonds. Profit and Loss, Capital Stock. Preferred Capital Stock, Pike County Stock—The eduction of above accounts by the cancel lation of unpaid stock certificates and thi destruction of unpaid notes for stock. Central Railroad Bank—Difference ii monthly accounts with that bank. United States Post Office Department- Difference in account current for mail •service. Public Land Sale—Expenses of holding lands granted by United States govern ment to your road. Columbus ami Rome Railway—Sale ol material to that road unpaid at the date of the above statement. Cash—In hands of treasurer May 31, 1885. MORTGAGE DEBT. For a full understanding of the condition of the mortgage debt ol the Mobile and Girard railroad, and its status at this date, wo call your attention to the following history of the company, fhrnlshed us by Mr. J. M. Frazer, secretary and treasurer, from the minutes of the stockholders and directors’ meetings, from time to time, be ginning some fourteen years bock, and verified by us and adopted as part of our report: On tiie 15th of May, 1871. the board of directors held a special meeting to consid er the necessity of making provision for $60,000 of bonds, maturing on the first day of July ensuing, and $30,000 interest upon bonds due at the same time, and after con sultation it was determined to issue a call for a meeting of the stockholders on June 1st; and in the call the following words were used: "Tiie board of directors are of the opinion that unless the road is leased, or measures adopted to provide for the pay ment of bonds and interest falling due 1st July, the road must go to sale." The meeting of the stockholders was held June 1st, 1871, and after reciting the foot that the Central Railroad and Bank ing company of Georgia, "have from time to time assumed and paid large sums for this road, and that ways und means must he raised for this indebtedness, as well as for the further sum of $50,000 for first mortgage bonds falling due on succeeding month, as well as interest due July 1st, upon the entire bonded debt;” it was “Resolved, That a committee of seven persons lie appointed to confer with tiie Central railroad, asking for extension of time and assistance to meet same.” And failing to do this, “the committee was empowered to raise a sum sufficient by loan, lease, or sale of the road." This committee consisted of Hon. M. J. Crawford, chairman, Homer Blackmon, W. L. Salisbury, J. Rhodes Browne, N. P. Banks, Ben May and James R. Rogers. On June 24, 1871, at a meeting of the board, Mr. L. T. Downing, after stating the fact that $80,000 would liave to tie provided for by July 1, offered a resolution request ing, 111 the name of the board, “the Cen tral railroad to advance the means neces sary to take up tiie bonds and coupons then falling due,” and, further, offered a resolution, “that it was evident in the then crisis that tiie road must either be sold or leased upon terms that would enable it to meet its then liabilities,” which were adopted. The annual convention of stockholders was held on July 5th succeeding, and the committee reported that they liad made an effort to lease the road to the Central railroad, but had failed. They stated that other parties had led them to believe that a lease or sale could be made, and also, that the Central railroad had generously stepped forw'ard nnd had taken up the bonds fall ing due, and had provided for the interest upon the bonded debt due July 1st. The stockholders then passed a resolu tion that in the event the committee failed to make satisfactory arrangements for sale or lense of the road, then the board of di rectors were authorized to lease or sell the road upon a basis of $1,250,000. At a meeting Feb. 10th, 1872, the bonrd ratified the appointment of G. DeLaunay, 11H agent of the company, to lease or sell tiie Mobile and Girard railroad, authoriz- , ing and empowering him to effect such 1 negotiations, subject to ratification by the j hoard. June 20th, 1872, Mr. L. T. Downing, nt a 1 meeting of the board, after reciting tiie fact that $60,IXX) of bonds would again ma ture on July 1st, and that interest upou bonds, amounting to some $30,000, would j again be due, and that the company was i without menus to meet its liabilities, and that it was neeessar.v for the board to make some provision so ns to save the credit of 1 the company and protect it from loss, of- ! fi red a resolution “requesting the Central i Railroad and Banking company to pur- ! chase and holds the bonds anil coupons falling due;” and it was resolved also, ] “that the bonds and coupons so | paid and hold at the request of the board arc regarded as de- I liinnded at maturity, and are entitled to : bear interest at the same rate as stipulated in the bonds, until paid by this company.” On July 3d, 1882, the stockholders met and resolved “That the board of directors j lie authorized to lease or sell the road without limit," and the action of the board ! with reference to the bonds and coupons | purchased and held by the Central Rail road and Banking company was unani mously ratified. At file annual meeting, July 2d, 1873, upon motion of \V. L. Salisbury, Esq., the resolution passed at the meeting of stock holders in 1872, namely: “Authorizing the board of directors to lease or sell the road without limjt,” was readopted. At tin* regular stockholders’ meeting, July 7th, 1857, it was passed unanimously : “That inasmuch as the company was un able to provide funds for the bonds falling due January and July,1873, and for coupons to fall due,” the *eforo the board of direc tors were “authorized to sell or lease until maturity of the latest bonds (,1889) for a sum not less than the interest upon the in debtedness of the road,” audit sold, “for not less than the entire indebtedness of the company ;” the only conditions being that "the road be kept in good running order, and the purchaser conform to all the regu lations of the charter." And in the event tiie board was unable to lease or sell, then, “That the Central Railroad and Banking j Company be requested to purchase said I bonds and coupons and hold them for a limited time under the mortgage—this company being still bound for interest on | said bonds and coupons after their ma- 1 turity.” On April 13, 1876, the board of directors 1 authorized tiie placing of an open account due the Central Railroad and Banking company, amounting to $116,593.28, in the form of a note of that date, which having been done was ratified by the hoard at a meeting held June 15.1876. At a meeting of the stockholders held July 5, 1876, Mr. John Peabody offered a resolution that “the board of directors be instructed to make application to the Central Railroad and Banking company of Georgia, for a reduction in the rate of interest upon the debt of the company to four per cent., and that the board should take such steps as would be deemed proper to accomplish it;” and the board at a meeting July 2 Jt h, of the same year, appointed Hon. M. J. Crawford, Col. H. L. Mott, Messrs. John Peabody, N. P. Banks and L. T. Downing, a committee to wait upon the board of directors of Cen tral Railroad and Banking company, aud “ask a: reduction of the rate of interest ;wn the debt due ' firm, as p r the resolu on passed b - . Reckholuere,” and o> r overnber 17, l.n'0, Col. Crawford, aa chair lanofthat committee, reported to th- oard the action of the Central Rallroa* id Banking company, agreeing to tak' mrper cent, mortgage bonds in paymen' f all indebtedness, except the principal o' le first mortgage bonds, which was to re min for future consideration, “pro- ided that an enabling act Hhould 0 passed by the legislature of Alabama iving authority for Issue of new bonds, nd to execute the mortgage,” and provid- d further “that the Mobile and Girar- diroad agree to appropriate all surplus irnings to purchase or redemption of the onds so issupd and due.” At the same meting it was resolved by the board that implication be made to the general ameni ty of the state of Alabama for - authority o issue its bonds not to exceed one mil- on. and to execute mortgage or deed of ' rust to sec ire la me. On March 9th, 1877, the hoard ordered hat the stockholders be called together on he 19th day of April, next, to take into ■ousideration the acceptance of the act of ’ he genera) assembly of the state of Ala- jama, approved February 8th, 1877, a. 1 - ihorizing the issue of bonds, and on April 19th the stockholders met, and under the ■ crms and conditions of the act, accepted lie same and ordered the issuance ot bonds to the extent of one million dolJ.-ir.s. a sufficient amount to settle the indebted ness to the Central Railroad and Banking company, to bear four per cent., and the remainder to bear rate to be determined by the board, but not to exceed 8 per cent. At the annual convention of stockhold ers, July 4th, 1877, Mr. L. T. Downing of- ferred the following, which was unani mously adopted: “Resolved, That the thanks of the stock holders of this companv be returned to the board of directors of the Central railroad and Banking company of Georgia, for their liberality in reducing the rate of in terest from eight to four per cent, upon the debt due by this company.” In May, 1877, the treasurer made a set tlement with Mr. T. M. Cunningham, cashier Central railroad bank, for the fol lowing indebtedness, namely: Note in judgment of date April 13,1876..$11B,593 28 786 first mortgage bonds paid 393,000 00 Interest, coupons and past due interest on bonds and coupons 313,108 25 Total $822,701 53 And in part payment thereof the $800,000 third mortgage four per cent, bonds were used as is shown in the treasurer’s report of June 1, 1878. Ail of which shows the creation of the bonded debt of the com par ny and its present status, as hereinbefore stated. In regard to traffic arrangements of the road and the management of this departr ment of the business, we have no means or facility of investigating the facts, except as we obtain them from the superintendent of the road, Mr. W. L. Clark, and the general freight agent, Mr. D. E. Williams, under whose supervision is this department of the business, subject, of course, to the in structions of the railroad commissioners of Alabama, and controlling influences of other connecting roads. We can, there fore, only submit to you the information furnished us by said superintendent and general freight agent. The results of this management as therein stated, we find verified by the books of the company, and which information is as follows: “Until 1874 the Mobile and Girard rail road company did only a local business, in January, 1874, we demanded from the lines west and north of Montgomery a part of the Columbus business, but their agree ments were such that all this business was sent via the Western railroad, and the line refused to share any part with us, and al though our merchants had their goods marked via Union Springs, we could not induce the line to give us the freight. We were compelled to adopt Union Springs as a point to which our merchants conic take bills of lading and have their freight come via Union Springs. This arrangement worked so satisfactory to us that we suc ceeded in procuring the bulk of the western freights into Columbus, and the Western railroad then decided that it would be best to enter into an arrange ment with us to pool the Columbus busi ness, which agreement went into effect May 8th, 1876, and resulted in our taking from the Western railroad one-half of the freights into and out of Columbus. This pool, by which the line via Union Springs secures one-half of the business into Co lumbus, continues to this (lay and will continue until disturbed either by the re fusal of one or more of the four roads in terested, or by the intervention of the Central Railroad and Banking company of Georgia. After the Montgomery and Eufaula rail way passed into its possession, the Central Railroad aud Banking company could any day have broken this pool arrangement without being charge.! with injustice or even unfairness toward the Mobile and Girard railroad, but pursuing tiie policy of sustaining this road, as far as it was in his power to do, President Wadley permitted tiie pool to continue, and in addition to this, allowed the through freight train running between Montgomery and Macon, and carrying freights for Macon, Savannah and other points east of Columbus, to be diverted at Union Springs (instead of con tinuing on Montgomery and Eufaula rail way, via Eufaula, 1 passing through Colum bus, thus giving the Mobile and Girard 1 railroad a portion of the revenue from | this through business. This policy has | been continued by his successor, and night ly a through train each way passes over the Mobile and Girard railroad. I11 order that you may appreciate the value of this business, I beg your attention j to the following table: ; STATEMENT OK VALUE TO THE M. As G. R. R. OK THE THROUGH FREIGHT BUSINESS WITH THE M. & E. RAILWAY. Year ending May 31, 1880 $15,577 84 Year ending Mav 31, 18S1 13,054 98 Year ending May 31, 1882 14,734 20 Year ending May 31, 1883 21,051 17 Year ending May 31, 1881 22,335 55 Year ending May 31,1885 22.110 50 Returning to the freight traffic into and out of Columbus proper, which is pooled, i between the lines via Union Springs, and ! via Opelika, I would state that our reve-| nue has been very much reduced on ac- j count of changes in the proportions of tiie through rate. Previous to the year 1884 we claimed , and secured an* arbitrary on all busine s from Montgomery to Columbus, aud i ap- | pend below dates and changes, viz: PER ONE HUNDRED POUNDS. June 13, 1874 ] Mav 10. 1876 ] October 1, 1881 1 The M. and Q. proportion of. these last named was 57 per cent., say 1 On June 15, 1883, rates were .... i Of which the M. &G. U. R. got On December 23, 1883, a still further reduction to j M. and G. R. R. receiving ! •Mid on April 10, 1884, a still I further reduction to.. 22 i “ 20 j: i I 10. l ; • 12 j .1 6.8 10 1 .8 6 j , I l G. 8 6. 8 8. 9 gets I 3.9 3.9 5. 1 4.4 The reduction of rates was forced upon us by complaints of the merchants of Co lumbus, and appeals to President Raoul, through its press and board of trade. Tiie tonnage ottin's Columbus busi ness for the year ending 1883, was in pounds 33.86s.212 And Lor the year 1884 17,955,175 An increase of nearly 50 per cent; and our gross income from the above in 1883 was $37,666 23 While in 1884 it was $32,234 75 A loss of about fifteeniper cent, in reve nue. _ After a careful examination of your com pany’s records from 1868 to 18S5, and a thorough search into the reasons given by rmer board of directors why it was nece.- .ry to issue bonds for your road, and why te Central Railroad and Banking oo ni nny was colled upon to endorse such >nds, and why fliture issues of bonds - ere made under the endorsement of the cntral Railroad and Banking company, e find that at the request of your board f directors in 1877, they acceded to your ’quest and reduced the rate of interest •om S per cent, to 4 per cent., thus saving our company $32,000 a year in interest, •■hen at other points you would have paid 0 per ce it. We find that they diverted to our rood a through business of a value of $22,CCD a ye. r, when their own roads could ave carried it, to your loss. That by hav- .g it in their power, by reason f your great indebtedness to hem they have refrained from forcing our road to sale, and thus becoming sole -wner. That their present trust interest 1 yjv.ri |oad was a voluntary surrender, ersonally given by each stockholder igning the agreement, of one-half his interest in the road, as a guarantee for heir endorsement on your bonds. In all the business transactions of your road with the Central Railroad and Bank ing company we find that they have acted in good faith and fairness to you, and that tire profit of all such transactions has been more to you than to them, aud to your connection with that road we must at tribute the present efficient condition and increased ability of your road, as com pared with the date that such connection •ega? Iu concluding our report we feel it our duty to express our appreciation ot the Kindness and courtesy of the officers of .vour company In meeting our demands by furnishing us every facility to aid us in tiie discharge of our duties, and also our thanks to Captain C. E. Hochst.rasser for his val uable service rendered us. All of which is respectfully submitted. Clikk. B. Grimes, Fleming Law, James T. Warnock. Note.—We suggest to the officers of tlje company that this report be published Tn connection with their next annual eport, or in such other manner as may place it in the hands of the stockholders. Cliff. B. Grimes, Chairman Committee. Columbus, Oa., June 18, 1888. CLINCMAN’S T obacco REMEDIES CL1HGMAM TOBACCO OINTMENT TIIE MOST EFFECTIVE PREPARA TION on the market for Piles. A SIJ14E CURE for Itching Pile*. Has never failed to (rive prompt relief. Will cure Annl Ulcers, Abscess, Fistula, Tetter, Salt Rheum, Barber’s Itch, Ring worms, Pimples, Sores uud Boils. Price oO els. THE CLINGMAN TOBACCO CAKE NATURE’S OWN REMEDY, Cores all Wounds Cute. Bruises, Sprains, Erysipelas, Boils, Carbuncles, Bone Felons, Ulcers, Sores. Sore Eyes, Sore Throat,Bunions,Corns, Neuralgia,Rheumatism, Inflammation from whatever cause. Price 25 ctn. THE CLINOMAN TOBACCO PLASTER Prepared according to the niotit wcientiflc nrlncipleM, of the PUREST SEDATIVE INGREDIENTS, compounded with the purest Tobacco Flour, and is specially recommended for Croup,Weed or Cake of the Breast, and foi that class of irritant or inflammatory maladies, Aches and Pains where, from too delicate a state of the system, the patient is unable to bear the stronger application of the Tobacco Cake. For Headache or other Aches and Pains, it is invaluable. Price la cf«. Ask your druggist for these remodies, or write to the CLINGMAN TOBACCO CURE CO. DURHAM, N. C., U. S. A. ADVERTISERS Can learn the exact cost of any proposed line of advertising in American Papers by addressing Geo. P. Howell & Co., Newspaper Advertising Bureau, lO Spruce St., New York. Send lOots for 1 OO-paae Pamphxleh DRUNKENNESS OR THE LIQUOR HABIT, POSITIVELY CURED BY ADMINISTERING DR. HAINES’ GOLDEN SPECIFIC. It can be given in a cup of coffee or ten without the knowledge of the person tak- ing it; is absolutely harmless, and will ef fect a permanent and speedy cure, whether the patient is a moderate drinker or an al coholic wreck. It 1ms been given in thou sands of cases, nnd in every instance a per fect cure has followed. It never fails. The system once impregnated with the Specific, it becomes ail utter impossibility for the liquor appetite to exist. For Sale by FOR SALE BY M. D. HOOD A CO., 93 BROAD ST., COLUMBUS, GA. Call or write for circular & full particulars, FiLLS "CHICK EST E tf*S lNGUS H. ? ‘ The Ot £;riuf. nnd Only Genuine. an.1 A.wnv« i;. .i i \.•* vr*.* of worth fom .miutl* us * M }’■ **' ■' 'y jv * _ A**- «..ur hrugglit fol ’ nail Notice to Debtors and Creditors. NOTICE is hereby given to all persons having demands against Hugh Dever, late of said coun ty, deceased, to present them to me properly made out, within the time prescribed by law, so as to show their character and amount. And all persons indebted to said deceased are hereby re quired to make immediate payment to me. This May 6th, 1886. DAVID A. ANGLIN, my7oaw6tv iVID A. ANGLIN. Administrator, etc. GEORGIA, MUSCOGEE COUNTY. Whereas, Charles Philips, executor of T. M. N. philips, deceased, represents to the court in his Petition, duly tiled,that he has fully administered T. M. N. Philips’ estate. This is, therefore, to cite all persons concerned, heirs and creditors, to show cause, if any they can, why said executor should not be discharged from his executorship and receive letters of d’S- niission on the first Monday iu August, 1886. Witness my official signature this May 6th, 1886. my6 oaw3m F. M. BROOKS, Ordinary. WANTED—Ladies ana young men to decorats Birthday and Easter Novelties. Easily learned; good prospects of steady employment and fair wages. Material furnished and all work mailed post-paid. For full information address Deco- .ative Art Works, 7 Exchange Place. Boston ass. P. O. Box 5118. laplQ tu th safe 12t Q RAY’S Big Cash Sale Dry Goods in every Department. RIBBONS, all silk, new shades, worth 10cand 121c, for 3,-. ^RESS GOODS, all wool, worth 2oe to 40c, at 121c. and all will be astonished to see the Goods. 0 false advertising with ns ; we have the goods to show. the prices we are willing to advertise at, N O pains on our part will be left undone to give one and all ^URING this week a fair chance to select for themselves. g ARGAINS will be the order of the day this week. ^TAMANDA SATTEENS, nice shades, only 5 cents. C ELTEROY’S 1400 fine Imported Linen Lawns, worth 18c, for 10c. ! what nice styles in White Striped Goods, only 3k. ^ OT Cheese Cloth, P UT Goods that will give good satisfaction. NDER no consideration are you limited to quantity. Y OU will be shown Imported Colored Embroidered Saits, worth $8 00, for $3 00. GOOD 12-4 Spread at 75 cents and $1 00. yiMMERVILLE Tan Suitings at 8c, worth 1.5c elsewhere. RAY’S fl 00 White Shirts priced for this week at 65c. REMNANTS in all departments worth looking at. BIG LOT of New Laces and Embroideries just received. yOUR especial attention called to our new Table Linens. CEE our prices this week and you will be pleased. O. B. GRAY&CO. OOXATIMIIBTTS, G-Al AUGUSTA, GA. SAVANNAH, GA. Opposite Rankin House. At KIRVEN’S Summer Silks 25 cents; Pongee Silks 25 cents; Foulard Silks 40 cents; Printed Nun’s Veilings 15 cents ; All Wool Buntings 15 cents; Linen Lawns 10 cents; Linen Drills for Pants 12h cents; Linen Crash 61 cents; Cottonades for Boys' Wear 8 cents ; Manilla Checks, new and desirable, 121 cents White Linen de India 5 cents; White Plaid Lawns 10 cents ; White Plaid Linen de India 12s cents; White Linen Lawns 12L 15 and 20 cents. Good Bargains in Silk Umbrellas: We receive new goods daily, thus keeping our stock fresh and complete. j. a. kirven & co.