The Athens banner. (Athens, Ga.) 1902-1923, January 15, 1922, Image 5

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Newspaper Page Textci vdaY MORNING. JANUARY 15. 1S22. Cotton Grains Market News ' By Associated Press Leased Wire. COTTON MARKET NEW YORK STOCKS CHICAGO MARKETS „ I - > NE W YORK COTTON LIBERTY BONDS CHICAGo"gRAIN ^ 1 11 '[^Saujrday°and K5J-* &5T?. ^ Le^MayTi^TTl H^nd*’Ju? . , largely confined to ; bid: second 4’s 97 ,0 fid? flret 4™ ir.ooVMi* *° * “* *" d ,U,! ■I' „a ia, A ZrL S s , econ ? 97 - 7 °; thlrd «%'• Final corn prices 62% to 52% U .< kond. A more opti- fourth 4%'a 97.88; Victory % for May and 54% bid for July wv of European political J 3%’. 100.24; Victory 4%'a 100.22.° I aZfnEf rJ~ nL< eilected in an early selling at 18.04. o 17.90 under It closed at ith th' int lower to 5 points intf Victory 4 %’s 100.22. FOREIGN EXCHANGE ... .. ». . N ' E7 f y ORK.—Foreign exchange general marltet i ! , I?S u . lar: . , ar ' a ‘. Brltal1 '. demand, >wer to 5 iwints ! ’•“•*%» cables. 4.23%; 60 day bills ! on banks. 4.19^i; France, demand, was steady at aW. *•*»*: 8 "°- demand, I 10 points on the I cables, 4.41. Belgium, de- eondHIons Xoad|“ 7 ^V4: cables. 7 SC. Oer- report showing a demand. 54%; cables. 544,. consumption for “°'' an d. demand. 36.82; cables, anticipated. There H. 6 '®*' Norway, demand. 15.60. Swe lling on London ! demand. 24 90. Demark, de- a irenernllv on. mtn< *' 19-95. Switzerland, demand. thT".M?e I Wft demand. 14.98. Greece, predictions of a ?,Tn d A Argentine demand, u-m.iti >• tnw 133.50. Brazil, demand, 12.75. Mon- * 11,11,1 a re* I treal. 94%. NEW YORK LIVESTOCK j NEW YORK.—Cattle: No trad* inKj calves, steady; common to | prime veala, 8.00 to. 14.00; little .hi* I. . .i.l n view of the cotton ... showed no improvement, and after Initial buying had been supplied, the mar- mi*' very quiet with prices off from the best under j calves and culls, 6.00 to 8.00. a? nr scattered Southern ( Sheep and lambs: Steady; prime According to the census J lambs. 13.75. domestic consumption last | Hogs: Steady: medium to light amounted to 511,800 bales weights, 9.50 to 9.75; heavy hogs, 295,292 last year, but this 8.00 to 9.00; roughs, 6.25 to 6.50. a was offset to some extent • increase in mill stocks, j BAR SILVER ivere placed at 1,737,771 bales oinpared with ,251 122 last year. Wry little, if anything, was heard" from Southern spot markets during the morning and conflicting ts are being received as to crop prospects and probable f fertilizer next season. Ac- 1,; *o nnr of the reports In the market today, a large fertil izer Interest in the Eastern belt Is ff. rim: to supply fertilizer to farm ers on credit providing they will ’oiiow instructions for combatting NEW YORK.—Foreign bar silver. 66%; Mexican dollars, 50%. NEW YORK 8TOCK8 oil >VlI. if print cloths In the Fall ;ivr market for the week were stinnr. d at TO.oOft pieces and the jrtailnvnt of production at 65,0(10. hr amount of rot ton on shipboard waiting clearance was placed at j.onn against 182.000 Inst year. NEW YORK COTTON NEW YORK.- The cotton mar- n opened steady at an advance of (.to 1*5 points on the more opti- fone *of European political tirm foreign exchange ra'tes, and the census rrpnft showing do- onsumption of 511,800 bajes for the month of December against 295.292 last year. There was con siderable realizing and scattered Southern selling at the advance to 18 04 for March and 17.65 for May, and prices eased off «ev- x eral points after the call in a com paratively narrow market.- Sales, NEW YORK.—Trading In the two hour session of Saturday's stock market was more active and embraced a greater variety of is sues than at any full period of the week. Gains of one to almost 3 points were made by numerous is sues comprising the leading Indus trials and specialties, but advances among rails were confined to a few truns-contlnentals, grangers and 'cotton curriers. From surface indications much of the large turnover represented short covering, but observers noted substantial' buying of motors and accessories, as well as motals, oils, chemicals and specialties. • Among the latter were Coca Cola and Wll- and company. Wheat: May 1.11% 1.11% 1.10% 1.11% July .99% 1.00% .99% 1.00% Com: May .62% .63% .62% .52% July .54% .54% .64% .54% Oats: May .38% .38% .38 .38% July .39 .39% .38% .39 Pork: Jan. 16.00 16.10 16.00 16.10 May 16.25 16.30 16.25 l«.25 y Lard: Mar. 9.17 9.17 9.12 9.15 May 9.40 N 9.40 9.32 9.37 Ribs: ' Jan. .... .... .... 8.22 May 8.35 8.35 8.32 8.32 CHICAGO LIVE STOCK CHICAGO.—Cattle: Receipts 1.- ooo; compared with week ago beef steers and fat she stock 15 to 25 lower: bulls steady to 16 lower; dinners and cutters about steady; veals calves steady to 26 higher; stockrrs and feeders 25 to 35 higher. Hogs: Receipts 15,000; largely 15 to 25 lower; holdover moderate, mostly Tighter weights; market Closing 25 to 40 lower than Friday’s average; top 8.10; bulk 7.50 7.85; pigs 25 lower; bulk desirable 8.00 to 8.25. Sheep: Receipts 4,000; today’s receipts nearly all packers direct, compared with week ago all classes 50 to 75 higher. CHICAGO POULTRY CHICAGO, —f Poultry live un changed. Butter higher; creamery extras 34; firsts 28933; seconds 25 @27; standards 32. Eggs higher; firsts 38; ordinary firsts 32934 refrigerator firsts 229 25. In wide staple print doth*. Sheet ings have held fairly steady* but the demand has been light. Fine cotton goods in the gray are quiet* but more business la stirring In wash fabric lines for the spring season. Prints and percales are quiet and bleached goods are slow. Wide sheetings, sheets and pillow cases hold steady with mills comfortably supplied with business for this month and part of,next. The mis cellaneous wide goods used in rub berizing and leathering trades and dependent In a large way upon developments In the automobile In dustry continue quiet, although some lnqulries.are noted. Tire fab rics hold fairly steady. Specialties duck continues firm, but staples are very dull, especially hose and belting, and other lines depending upon commercial activity for sub stantial outlets. Cotton yarns hold fairly steady, but spinners’ prices are higher than users are ready to pay at the mo ment. More improvement is re ported in hosiery and knit goods. Jobbers are shipping goods stead ily on past orders. Next week the Jobbers of the country will hold their annual convention here. The attendance of buyers In the mar kets is unusually heavy. Prices current In wholesale chan nels are ns follows: Print cloths. 28 Inch, 64x64s. 6%c; 64x60s, 5%c; 38%c inch. 64x64s. 8%c; brown sheetings, Southern standards, 12c; denims, 2.20s, 17c; tickings. 8 ounce, 28c, nominal; prints. 11c; dress ginghams, 20c and 22%c; nominal; staple ginghams, 14%c. CHICAGO BIOS CHICAGO.—Cain wheat number 1 hard 1.10; com number 2 mixed 48%@48%: number 2 yellow 48%<9 48%. Oats number 2 white 37%<? 38; number 3 white 33%036. Rye nominal. Barley 53056. Timothy (seed 5.0007.00. Clover need 12..BOM Busineai lif bonije waa In keeping LL 7 I’Z'l 7 n . omlnal - t ’ 02 ' Ul. ...l.neloA moelrnt fn* ahnrmi WOS i. 1O. I O. with extensive market for shares, but the trend In that quarter was mixed. Liberty 3%’s, for example, were under further realizing, clos ing ut a loss of 70 cents per $10(T ■Rails and internationals were Ktoadler and miscellaneous indus trials also hardened. Total sales, par value, aggregated $13,360,0u0. Tho better tone extended to for eign exchanges, sterling demand bills rising to the week's highest quotation. Continental remittances were Arm, the Italian ratef being In of print cloths In the Foil River .Jio. degree affected by cables an- market for ihejreek were only 70.- t pouncing..tha.UDJiPfnston- of a bank wo pi-ccs. bnt I-ondotf cables *afd '-in-Palermo* - * U»ero wag jv dpcklerirjon^misHi oCakosit,: |4fr,t<HM100 Jprth* tap !n the Lancashire goods trade: { actual CA«h account was the only Tradln" was very-quiet later and unusual horn disclosed by the wek- fluctuatlnns were narrow. March ly clearing, bonre statement, reduc tion off f-«m 18.04, the early high ling cxccns reserves to little more . point tn 17.90 and closed at that ' than $1 B.POO.Of 0. level with the general market 1 Mrcantllo trade reviews were fa- flnallv «*.eaily not 1 point lower to . vorable,* wholesale dry goods and l hither. v j similar merchandise showing Cotton futures closed steady: ; greutcr distribution than during Open. Hlrii. Low. Close, j the same period of last year. Mall 18.04 17.95 18.00 order houses also reported an ex- 1801 18 04 17.88 17.90 i panslon of business and better col- POTATO MARKET CHICAGO.—Potatoes dull; Wls- conslns sacked 2.0092.10 per cWt; Minnesotas sacked 1.9092.05; Idaho rurnls sacked slightly frozen one car 2.00. WHEAT MARKET CHICAGO.—Local shorts, driven to cover, caused a sharp rally in the last 16 minutes of Saturday's wheat market on the board of trade and pulled prices back' to about where the weak market started from. .Other grain* weft unusual ly dull and provisions were wfak. Final prices were % cent lower to %c. higher in wheat; %c lower in corn; fractionally lower In oats and 10 to 30 points off in provl- llirch NEW YORK SPOT NEW YQRK.—Spot cotton quiet, middling 18.30. NEW ORLEANS COTTON ’’A—Although bio red bullish the k«*t Pnturday felt only uyliu- at any time and Periods when the de- w. '.l i* applied. Around u price* were 9 to 12 ft* r which there was a •Is* 3 points under to 2 th ^ close of yesterday, rising to 16.99, and then c i * 16.S7. In the late v made some sing .2 jMilnts >f®e to 16.60. but other ii >f follow. Last prices M'hamrod to 5 points up \ v.t 16.92 and July at lections. . NEW YORK BONDS (8outh*rn List) • U. 8. 2s, registered. U. S. 2s, coupon |01%b U. S. 4s. registered __...104%b U. 8. 4s, coupon 104%b .... Panama Ss, registered 80 b NEW Oitr.H.WA.—Although mill Panama 8s, coupon b ‘ American Smelting & Refin ing 1 'iiytti,1 .it any time anil American Tel. & Tel. cv. 6s. Anglo-French 5s —■ Atchison gen. 4s Atlantic Coast Line 1st 4s, Baltimore & Ohio cv. 4%s, Bethlehem Steel ref. 5s sift' Central of dcorgla Consoll- doted 5s Ccntrul Leather 5s ~ »*% display of Chesapeake & Ohio. cv. 5s.... 86% over yes- Chisago. Mil. & St. P. cv 4%s 61% ' ‘ Chicago, R. I. & Vac. RyJ ref 4n - 78% Colorado & Southern ref 4%s 85V, Denver A Rio Grande consol. I 4a To Vi notion during ■ Dominion of Canada 5s <1931) 96% bales, accord- : Ert< , Kon 4s **» y the census | mt no ls Central ref 4s ...: ■■ 1 issued on the , j nt Mer. Marine 6s ■■■■■■■■ than expected , Kansas City Southern ref 5s 67% ..ni 89%b 76% til.tatos The '•737.771 I. Tk, • tiN** Hplndles was re- in-r highly favoralko. ** first effect of tho re- • :'f more or leas selling >• market from traders like tho increasing mill • holding in their ware- *he «*nd of December !* s of cotton against riu* end of November, movement was not pro- h"W6*vor. ;ih many: trad- * ar '-"'“ i *»eit if mills were ac- m,, l :, ' 1?u ' s: " ( kK it meant a con- •u* l in!•-’.• consumption. NEW ORLEANS COTTON ‘ ' 1 "' h-' NS —Spot cotton n•.» unchanged. Sales on " V! " ' '• 1 to arrive 200;- ■ “*' middling 16.75; m:.!.|!i„^ 17.75. NEV/ ooi ns, COTTON HAY REPORT rt.. '■ N.vs.—The pries wa« ; f he ox-nine Satnr- 1 ’ 1 - n. epnmia hn- .. . "f Bii.sAa hates enn- ’ 'W«.v r In thl- " !■*ri'ftr than exneeted ,,f *■ to 11 nolnts. " 1 ' hssed on the In- ” . 'll?* in mill vraty- ef ||' 771 l.alos n t tho enit e»*»st 1.6U.9K n* ’. i'mher. Prices f«P thr.e nolnts unde' ever the close n* ■'"4e4 nn tn 16.4" ■4 87. hv the end Of ' of hn pin e-s. hens mo a srnett r>t- ' 'r-oonl.*' T.S,0 |o r I'nM 1* nn'n*s lie v,A r months AM tie* •tnee. Tho rloslns ccm- w, rr’ 10 s points un hi’h the eiow of Friday- around Liggett A Myers 5s ntinued In- Lou. A Nash. un. 4s • • Mo. Kan. A Tex. 1st 4s Mo. Pac. gen. 4s N. Y. Cent. deb. 6s Nor. & Western cv. 6s Northern Pacific 4s • ■ • Pennfv'vania gen. 5s . Reading gen. 4s •• %■ Rep. 1. A S. 5s (1940) St. L. A San F. adj. 6s Seaboard A. 1. adi. 5» Southern Bell Tel. 92%b, . 90%b ■ . 76 . 62% 100 105 . 87% . 97% . 84% . 92 Hb . 73 .. . 14% 6» 9*5 b 96% Southern Pacific cv. 5s Southern Railway 6s • Southern Railway gen 4s Texas * Pacific 1st 6a.... Union Pacific 4s United Kingdom of G. B. « I 5%s 0937) V. S. Steel 5s - Virginia Car. Chemical 5« »5 Wabash 1st 5s * Wilson & Co, cv. 6s 80 mashed potatoes Add a quarter of a teaspoon of baking powder to the potatoea aa vou mash them and they will bo lighter. r INK 8POT8 Lemon juice will remove ink mote If applied Immediately- Squeeze the lemon Jolce on tne spot and then pour boiling water iver. It. March closed at 16.93 and July at 6.51. 1 Cotton closed steady at unchang- d to 6 P"t"»« un net: Open. Cloos. High. If"- fan. 16.60 1141 1646 Mar. 164T 16.M 1646 lay 1644 llU 1643 Toly 1641 1646 16.66 Oct. 1146 1646 1644 1646 1647 1641 1146 1646 NEW YORK DAIRY XKW YORK. — Rutter Arm; creamery higher than extras 360 38%; creamery, extras 37037%: firsts 32%. Eggs steady. Cheese fl T.V, and dressed poultry steady, prices unchanged. NAVAL - 8TORE8 SAVANNAH, Ga. -r Turpentine firm, 83 1-4j »ales 100; receipts 32; shipment* 6; stock 12,732. Rosin firm: *ale» 720; receipts 1,- 020; shipments 1,687; etock 86,- 191 Quote: BDEFGHIK 4.00; M 4.73; N 5.25 WO 5.76; WW SUGAR MARKET > NEW YORK.—Raw sugar un changed nt 3.61 for centrifugal. Rs- flned steady and unchanged at 440 to 4.90 for fine granulated. BANK RE8ERVE8 DECREA8E NEW YORK.—The actual con dition of the clearing house banks and trust companies for the week shows that they hold 616,158,300 In excess of legal requirement*. This Is a decrease of 640,686,870 from last week. COTTON8EED OIL NEW YORK.—Cotton seed oil closed steady. Prime summer yel low 8.35 bid; prime crude 7.60© 7.15: January 8.35; February 6.45: March 8.65; April 846: May 64*. June 8.95; July 9.13; August 9.24. total sales 3.300. COFFEE MARKET NEW YORK.—Spot coffee dull nnd unchanged: Rio Ts. 9 and 9%; Santos 4s. 13 to 13%. JACKSONVILLE LIVESTOCK JACKSONVILLE, Fla. — Hoga. Praanecu. steady; haavtae and packers. 4.00; mediums. 6-59: "«htfc 5.60: heavy pigs. 546, light pigs. 5.00; roughs. 4.00. Cattle: Prospects, weak, steers. 3,00 to 5.00: bulls. 1.50 to 6.00; year- to 4.00; cows. 3.00 •» DRV GOODS NEW YORK.—Cotton goods were firmer. Saturday unl, * r ^5*^®™*; demand. Yama were q|l«t and steady. Cable advlceajild ship- menu of Calcutta burlap to ‘the United State* In December ^rtre & soSooo bales, silk* and llnsn* were quiet. DRV GOOD8' NEW YORK.—The openings of cotton blanket Unea for the Maon of I M2 at old pricee sttoulaUd buying In that division and ha* set the pace for otitt Unn of mer chandising for the new yMPt. Denims Id#* advanced slightly from ** prkfc ievata «m|c ago and are now Wall sold for the first quarter of the mr. OW good* markets hare bean quiet with some price decline noted - V ST. LOUIS BIDS ST. LOUIS:—Wheat: No. 2 red 1.21 to 1.24; No. 4, 1.15 to 1.16; May, 1.09%; July* .98%. Corn: No. 2 white. 47; May. 51%; July, 53%. Oats: No. 2 white? 37; May, 39. WALL STREET - NEW YORK.—Further relaxa tion of money rates, promise of early improvement in the industrial situation and a broadening of the Investment demand which found its chief outlet in bonda and high grade railroads shares. parted strength to the markets this week. Money on call was abundant at 3 to 3% per cent., the lower rate applying, however, only to the shorter maturities back by gilt- edged collateral. Time loans of 30 to 90 days were rtade at 4% per cent., but 4% was the ruling quo tation for longer dates. Although the December tonnage report of the United States Steel corporation disclosed onty a very trifling Increase of unfilled orders, general industrial conditions, espe cially as applying to metal produc tion, equipments nnd textiles, were distinctly more encouraging. Misgivings growing out of recent banking developments in the Mid dle West were allayed and fresh disturbances in the European po- I ltical and economic situations ex ited only temporary effect on in ternational remittances. WALL 8TREET NEW YORK.—Weekend settle ment of speculative accounts strengthened prices in the stock market at the active opening of Saturday's session. Foremost fea tures of the advance included oils and motors. Chandler and Stude- eaker soon showing gains of 1% points. California • and Mexican Petroleums. Atalntlc Gulf and Gen- i oral Asphalt also were strong. Largo fractional gains accompanied the buying of American Locomo tive, General Electric, Gulf States Steel, Central Leather, Famous PHIyers and Public Service of New Jersey. In the railway division firmness wns shown by Canadian Pacific, Southern Pacific, Union Pacific and Reading. Saturday's short session of the stock market was relatively tho broadest and most active of the week. Shorts covered from tbe out set and with moderately large buy ing for the long account gains of 1 to 3 points were made by promi nent Issues, motors, low priced steels, domestic and foreign h>Hs, chemicals and food specialties, the latter including Coca Cola and Wilson were especially strong. Qrangern led the rails, notably At chison, Illinois Central and Chicago and Northwestern. Of the low priced transportations New Or-' leans, Texas and Mexico was the feature, rising 5 points. The clos ing was strong. Sales approximat ed 450,000 shares. Trading in bonds was uctlve with a Arm to strong tone. ’ ' FINANCIAL REVIEW NEW YORK.—Greater easement of money than at any correspond ing period In several years, further heavy liquidation of frozen credits and indications of business revival were the constructive features of the week in the financial markets. Less encouraging aspects of the early days of the New Year were presented by the European situa tion, It was considered noteworthy, however, that foreign exchange with few exceptions actually strengthened in the face of the French political crisis. The resignation of the Briand ministry and Its implications in re lation to the arms conference, the Cannes parleys and the proposed Genoa assembly were nevertheless the principal subjects of discussion and concern among International bankers. ► Stocks, other than a few special- ilea. which declined to so cal led re ceivership prices, moved to higher ground after several days of hesi tation. The bond market showed consistent strength on a very large output In which federal wkr issue* and seasoned rails registered high est prices of the last two yearsf The very small gaiti In Decem ber tonnage exported by the United States Steel corporation caused lit tle surprise. It was generally known In trade circles that Inde pendent producers had been oper ating at less than 30 per cent of capacity in the Anal month of 1921. Forecasts of better business con ditions are based largely on au thoritative state&ments that most annual inventories envolvlng dras tic deflation hare been taken. Fur ther reduction of grain and cotton bills is evidenced by lower discount snd Interest rates fixed by the Fed- er Reserve banks at Minneapolis and Dallas. Comparatively fear new under writings were announced- during th^ week nnd these! were chiefly In the nature of state or municipal offerings including a* 16,000,000 Louisiana bond issue. Cuban and South American financial project* are Impending, but new European credit* are said to hinge on the out* come of the Anglo-French sltua- NEW YORK.—A price circular modifying many of the high prices reached in standard cotton goods after the sharp cotton rise last Fall waa sent out after the close of the markets Saturday to custo mer* of a larger manufacturing company (Amoskeag Manufactur ing company of Manchester, N. H.). as effective for fall 1922 on dress ginghams, tickings, fiannellettes and sheetings. The new prices are lower by 4c a yard than some of the prices reached In the early fall, and are generally lower by 1 % cents a yard on many of the standard cloths. Staple tickings are priced at 25c a yard against 28c; utility dress ginghams is priced at 20c against *l%c; staple ginghams 16 %c against 17% cents: daisy cloth, a napped fabric in 27 inch widths, at 14c against 15c; and In 36 Inch at 18!c. The Widely known 1921 cloth in narrow widths is priced at 13%c and in wide cloth at l«c. the recent high prices being 14%c and 17c re spectively. y Cotton goods merchants in pri mary markets have maintained for some time that it would be lmpos sible to secure higher prices ii keeping with higher cotton. Other selling agents have reduced over all denims 3c a yard and offered cotton blankets for fall at 10 per cent, briow the mill price for the new season. - T ' NEW YORK.—Morning'e Her ald Washington special says there Is one billion idle funds in the U. 3.. which means no Idle labor and booming Industries by spring as this cheap money Is gradually seeking and obtaining employ ment.—A. H. S. NSW ORLEANS.—'The principal items of today’s consumption re- port are: Consumed by U. S. mills during December 511,800 vs 295,- 292 last year, and so far for sea son 2,484,906 vs 1470,856 last seu- son. Llnterg for December 41,698 vs *27,287 In December 1920 and so far for the season 263,765 vs 207.- 776 last sdhson. Active spindled 34,438,640 vs *9,914,164 in Decem ber 1920. Mill stocks 1,737,771 vs 1,251,122 on December 31 In 1920 and public warehouses stocks 6,- 177,266 vs 6,623,616 on December 31 in 1920. NEW YORK—Wall etreet buy ing. Week-end covering causing strength in cotton.—Clove. NEW YORK.—My opinion tbe market Is well liquidated and In good position for substantial ad vance.—Saunders. NEW YORK.—Cone and Rosen berg selling March.—Saunders. NEW' YORK.—Cotton opened higher on consumption figures larger than expected. Trade on o;ienlltf l)ght. Gwathmey brok ers bought.—Cleve. NEW ORLEANS.—In the face of unsettled European political af fairs which ordinarily would af fect the market adversely, cotton remained- comparatively steady, giving encouragement to the Con structive side of tho trade. On the whole, the market seemed less responsive to indirect Influ ences and the strong technical position of the staple eeemed to b« exercising a steady effect. While aplnners takings for tho week were eomewhat smaller than generally looked for, the statisti cal position of the staple is grad ually getting stronger, as the world's visible supply of Ameri can. notwithstanding tho small takings the past week, decreased 36,000 l?alei compared to a de crease last year of 10,000 bales.— Tlmes-Picayune. . , NEW YORK.—No particular cotton newa. Political new* a lit tle better. Print clotha easier yesterday in local goods mtrket. Light sales. Fall River sales for week only 70.000 pieces. Look for trading market awslttng develop ments. It demand for spot cot ton and cotton goods does not re- "vivo soon, prices of course, are likely to sag. MUNDE—There Is little ques tion that the technical position of the market has been made very strong as a result of recent liqui dation. WELD—For the present, we consider it ^advisable to watt for good setbacks on which to buy. HUBBARD—The market ii ■till passing through a period of uncertainty and we feel that, after these flurries of buying, the market will ease oft, until a good substantial demand becomes ap parent and the trade becomes ac tive on the buying side. BAUHE—The market has the appearance of being sold 'out with- no hedge selling coming in to help the bears, consequently we HUSH BE SIM inOBM ill DUBLIN.—(By the Associated Prefea.)—The provisional govern ment of the IrlBh free state is now a functioning body. Final formalities or approving the treaty with England were car rled out late Saturday when, after an historic meeting In the Mansion House of representatives of the Sohthern Irish constituen cies, who formally ratified the treaty, Eamon J. Duggan took to Dublin Castle a copy of the treaty signed by members of the new government as provided for In the terms of the peace pact. ' Sixty five members elected to sit in the House of Commons in Southern Ireland attend the morn- ing meeting. No women repre sentatives nor any of the other adherents to Eamon DeValera, former Republican president, were present. First on the list of eight men appointed as constituting the provisional government Is the name of Michael Collins, aud It Is assumed that he will be made the nominal head. As a matter of fact, however, the correspondent Is authoritatively informed that Arthur Griffith, as president of the Dali Eireann nnd chairman of the delegation that negotiated the treaty, will be looked to as Its supreme authority. The ministers appointed to ad minister the provisional govern ment Include, with two or three exceptions, all the members of Mr. Griffith's republican cabinet. There la no room In the provls- lonal-Ttovernihent for the minis ter of foreign affairs, George Gavan Duffy, because foreign af fairs are outside its scope. But Mr. Collins, Mr. Duggan and William T. Cosgrave, as well as other departmental heads In tho republican government, will head the departments In the provisional administration. Former Athenian Atlanta Banker The announcement of the elec tion of Mr. H. E. Choate of At lanta to a directorship of the Ful ton National bank, of^lhat city, is a source of much gratification to i.ls many friends here. Since leaving this city, Mr. Cho ate. has met with much success and has held a number of respon sible positions. He is secretary and treasurer of the J. K. Orr Shoe company, one of the largest con cerns in the South, and a promi nent member of the Credit Men's association. He has, also, held the office of president of the National Association of Credit Men. DEM SHE PHILADELPHIA.—Benjamin F. Shlbe. president and part owner of the Philadelpnia American league baseball club, and the originator of the cork center ball, who died Saturday, will be buried Monday. Telegrams of condolenoa poured Into the hdme of Thomas D. SMbc. the oldest son and the vice presi dent of the Athletics, during the day. | MW!* Besides his interest in the Amer ican league baseball club, Mr. Shlbe was the principal stockholder of the A. J. Reach company, manu facturers of sporting goods and equipment. As n young man his talent for "stuffing" baseballs caused him to enter that Industry, and the business, after It had de veloped to large proportions, was later merged with the Reach com pany. Mr. Shlbe became financially In terested in professional baseball In 1900 when the present American league was organized. He was one of the leading figures In the financ ing of the Athletics and has ever since been the president of the club. IRISH STRIKE IS POSTPONED BELFAST (By the AHsociated Press).—The strike on the Irish railroads, which had been called to take effect at midnight Saturday night, was postponed one month os u result of Saturday's conference between representatives of the workers and the employers in Dub lin. according to news received here this afternoon. arc inclined to look tor n still fur i sulsbiished soon, ther recovery. Jerome Jones Is Admitted to Bar Mr. Jerome Jones, Jr., of Atlanta, Mr. Gerdlne Lumpkin of Athens nnd Mr. Morris Kelley of Monroe were admitted to tho practice of law Saturday by Judge Blanton Fortson. These young men passed the state examination some time ago in a most creditable manner and their many friends are con gratulating them over their suc cess. Mr. Jones Is a son of Editor Je rome Jonea of Atlanta, who is the publisher of The Journal of Labor, nnd prominent In labor circles. He is a graduate of the University of Oeorgla and will graduate In June from the law school. . New Aeroplane Is In Athens Ben Eppw, manager of the Epps Flying company of Athene, receiv ed n new aeroplane last week, which is jo be used for commercial purpose*. It is planned that the same large number of people that took flights In Mr. Epps' other plane will ride in this plane. Captain A. G. Davla; an ex-aer- vlce man, formerly connected with the aorrlal service, will bo pilot for the new machine. Captain Davlu la itald to be an expert and Athenians will feel perfectly safe with him steering the machine. The same field on the Lexington road will be used as a landing ground and It iu thought that It (h poHHiblc that Athena may be a stopping point on the New York- Atlanta mall route which Ih to be Former County Official Jailed ORANGEBURG, S. C.—Claude J. Ra«t, former county commissioner and county superintendent of edu cation, was found guilty by a Jury of charges of official misconduct Saturday, while commissioner. Judge Prince sentenced Rast. to nine months' imprisonment and to pay a fine of $500. ' . '*** Wholesale Whisky Stores Raideu Early Today Captain Woods took a detach ment of officers at an early hour .Sunday morning and raided what was evidently a wholesale whlilcy house which was being. conduct®** In the rear of the old Jame* bafrber shop on Jackson aireet.. The cap tured stuff consisted of one gallot! and a pint of corn whisky, two empty gallcm Jugs, about 28 tin can containers, ’ and 'tt wholesale col lection of bottle* together with ample facilities for bottling and handling the liquor. The store was securely hidden in what had been an old alley way but which had been cloge^ up com*. plctely on ail sides forming $ kind of a pocket between two atcre*»v No arrest* were mode In the case Sunday morning but offlcera have clues which they believe will lead to the arrest of the persona owning the outfit. THE WEATHER Georgia. North and South Caro lina: Fair and wanner Sunday; Monday fair and colder. Virginia; Mostly cloudy and wanner Sunday; fair and colder Sunday night and Monday. Florida; Fair and wanner Sun day: Monday probably fair, Extreme Northwest Florida, Ala bama: Fair and mild temperature Sunday: Monday fair and cooler. Tenneseee: Fair Sunday: cooler In west portion; Monday fair and colder. "The Steps on the Stairs,” by Isabel Ostrander, America’s great est detective story writer, begins in The Herald Mondav afteraoeh. Liberal insnllmcnt daily. Don t miss this baffling mystery story. Her Birthday When the household broom Is left standing, straw part down In the corner, the weight on the straw , end hastens the wearing out of j the broom. \ ' JKhen the broom Is iratis, straw part np, between two nails, dust has an opportunity 'to settle hie* Into the broom. ' The best Way, then, is to put a ring screw in the end of tho broom handle and hang it up by t|if >. Dartmouth Boys Warn < Girl* of Cold HAftOVER, N. H.—Dartmouth undergraduates, solicitors for tho comfort and health of . tho “flappsrs” invited to attend the College's Winter carnival, Feb ruary 9, 10 and 11, hayo issued through the Dartmouth Outing dub, a plea to their girls to provide themselves with woolen mittens .end eoeke. high over shoes .or boots, arid warm tarn o’ chanters. The folder issued by the Outing elub end being mail ed to girls says: "We saw you, at laat carnival, stand in the snow in pumps, silk stockings and a fur coat We were sorry, arid you did. not look as heopy as you tried to. So, ranker, that there will be anew, that you will have to stand in It, and that It will ba cold. We wish you ts leek- pretty end warm, ARKANSAS MAYOR GETS CITIZENSHIP LITTLE ROCK, Ark.—Governor McRae Saturday Issued a procla mation restoring citizenship to J. \V. lajwis, recently elected mayor of Lamar, Arkansas, who In 1897, was sentenced to a year In the federal penitentiary at Leaven worth, Kans., for the illegal man ufacture of liquor, of which term he served seven months when pa-' roled by the president. (trial. Oi ity. repp. ... sttnisiivi mar M « . A patters to shy »4u.. •liter or tumps. ertpt tft Chine art * Stain. The slecvt tool tat puff. »lt illattration mailed on receipt of 12c Id No Name Si rest end No. city ffi- A IKT OF NCW ANO' "* T COMFOnTABL* irVO€Ww»*R . 1‘wlltiu 8216 the«* >• >*»• ni.ri.it fl li cut to n«t» • •-• t *•«•>, Sfi’-'.T.i'.;!*.S’SL'Vi.K* 4 e-IIS'* «'t» tq m -r-t* ma'Afsl ’' • ■ ,,-r» it mi**. ••***»'• «•••*-« s'"' J •us •>; t-vw f*r '»*_»•»* • SSItt-t b* th" eulitd » .*r ,4J'*» *> ttetift " :7c is •it*,«. mtrnp. „ PARENT-TEACHERS AUBURN ORGANIZE AUBURN, Georgia. The Indies of Auburn have organized a Par- ent-Techer* association with tho following officers; Mrs J. J. Bridges, president: Mrs. L. P. Green, vice, president; Mrs. J. O. Wages, secretary. Mr*. Chandler, treasurer. At • the organization meeting Prof. W. M. Hoiscabeck of the Winder High School, and his wife, a prominent Parent-Teacher association worker, were present. A splendid program has been arranged for January 20. Yon liked -The Snow B Trail” that is concluded In today’s paper? Then begin "The Step on the Stain.- by Isabel Ostrander, in tomorrow’s Herald. FLOOR POLI8H Old fashioned beeswax and tur pentine la excellent to use In go ing over polished Doors. A “TRIM" ANO 6I.MFLBV oil WORK ORtes' Psiirne 90S7 It here oitrsci mssasrs. A ll-InrhTtz* wtg t- •'wsssW^a;, :«• 7f f« M * *f » fU"- . rat aRsj'ATia mshslr NM hit *sp‘l*_*rs_wr 'VS. ,,.*ts tfttv iuosustl:* •»>:■>[ I,Mia* Alice Robertsoh, the only roman In Congress, celebrated her Ixty-Alghth birthday anniversary y Working. Those papers on her desk are birthday greetings from disabled soldiers she bag aided. ■H ■■

Georgia Historic Newspapers

The Athens banner. (Athens, Ga.) 1902-1923, January 15, 1922, Image 5