Newspaper Page Text
FRIDAY. OCTOBER 19. 1923.
1
WE BANNER-HERALD. 'ATHENS, PKOROCt
Facts and Figures
Cotton Business
(Continued From Pago One)
Georgia crops this year are worth
more, at ruling commodity prices,
by $20,00d,()00 than they were a
year ago, despite the tact that the
cotton yield per acre |!s consid
erably less than last year, and
tbere is a less gross acreage in
corn than a year ago.
The cotton acreage was
largely Increased in some sections
but due to wet summer months In
several sections of middle and
Mouth Georgia the boll weevil In
festation got beyond control, and
the losses were severe. In this
sec)'on of North Georgia however.
Intelligent planning and Intensive
method's of fighting the weevil,
eared a large per cent of the yield.
It Is perhaps most intreestlng to
note that the approximately 1100.-
000,000 coming fnto the state for
cotton Is as much, or more, with
a 700.000 bale crops, as It once
was when the crop amounted to
around or above 2,00.000 bales.
At that time, too. cotton was net
only the main money crop, hut
practically the only money crop,
therefore, taking the state, ns a
unit. U Is far better off today with
the boll weevil, and with tho sev
eral other money crops, thsn dt
was when Georgia was a pedtt un
der a system of one-crop slavery.
sires to sell the highest prices | the banka of Athens to finance
available for Ms cotton. The banka every bale of cotton grown In this
and financial Institutions of the vicinity when repihsented’ by re
city are ready to provide money celpts Issued by this comnanv,
advances on all cotton that the This will mean something to Ath-
farmer wishes to store and hold*
and any or all of these agencies
In the fullest to take advantage of
stand ready to co-operate with him
every profitable measure that Is
open to lfm.
In additloA the merchant* are
offering complete stacks at the
most reasonable prices, and alto
gether. Athens offers every facllV
ty as a market center to the peo
ple 6t this section of Georgia.
Cotton Warehouse
Receipts Good As
Bank Collateral
(Continued From Pane One)
enrwben this section comes back
—and Athens Is coming back.
Pioneers in the
Cotton Business
(Continued From Pago Ono)
warehouseman ahould be given a
great weight In determining the
value of the paper he laaue. aa
those qualities are given In valu
ing the/paper of a hanker.”
wnat does Independent Ware
houses, Inc., mean to Athons and
Northeast Georgia?
Independent Warehouses, Inc., la
a corporation chartered under the
laws of the state of New York and . .
capitalise^ at more than one mil- «? S*" P ?° P ' e KVSLSTSS:
llshed connections In the principal
cotton markets of this country and
ill Europe so that In handling cot
ton consigned to him Mr. Moss not
only gives his customers the ut
most degree of security that the
United States Government can
provide but In addition offers their
cotton to many buyers and con
■umers beyond the local market. It
is not an Infrequent occurrence for
Mr. Moss to sell cotton direct from
farmer to spinner.
Mr. Moss has, In h/s files, tho
highest testimonials from Govern
ment officers and inspectors con
cerning his handling of the Gov
ernment iBonded Warehouses.
While Mr. Moss has gone to tho
clvlWxcd world for markets foi
cotton, the personnel of his firm
and staff is chosen entirely from
And yet, there are many sections
In the state where, distress among
the farmers Is appalling. But It is
chiefly In those sections of the
cotton-raising belt where the pro
ducers refuse to adhere to t the
rules of reason In fighting tho boll
weevil, or in trying to raise cot
ton successfully under bolt weevil
conditions. Therefore the sections
that have met the. new conditions
like Athens are getting good re
sults; those that have not are snt-
Jqjlng. The lesson ought to stim
ulate quick, direct and' unerring
sctivltles toward meefng the
emergencies^ nest .year soumlly urn!
safely, but agresaively.
Athens is still ready to regain
h *r old standing as a cotton mar
ket—from which she would no
have been re-placed except for the
fact that the production In this
section slumped. Bhe haa the facil
ities to store or buy all the cotton
grown In this territory, and to
nanufacture most of It Into cotton
rams, hosiery and good*. Her
rarehouae are adequate In space
ttyl are In the hands of experl-
■need and thoroughly reliable con--
*rni, and we have a local auditor
■epresentlng the Federal Reserve
lank which makes cotton handled
■ our market doubly secure. Het
otton factor* In the market
eedy to pay the fanner who de-
lion dollars. This company was In
augurated In 1919 by some of the
largest financial Institutions in
America and at this time operates
a large number of warehouses
throughout the United States and
other countries.
Mr. Edgar Levy, the veteran class-
cr and salesman. Is recognized as
one of the best cotton men in the
South, to him Is accorded tho dis
tinction of having settled more
rnftnn deputes than any man In
tit's section, he being Regarded as
eible for the people acting as a
unit to put over a definite pro
gram,
CALIFORNIA BETS FOUR NET
8TARS ON HONOR ROLL?
SAN FRANCISCO—Experts here
predict thut four Californians wiU
be listed among the first ten in
the national ranking of tennis
players this year.
They are expected to bo william
M. Johnston, who is certain
rank second to William Tllden;
Howard Kineey, Robert Kinsey and
Harvey Snodgrass, who appear to
have earned sixth, seventh . and
ninth places respectively.
The others, including Tllden, will
probably be R. Norris Williams,
Vincent Richard# and Francis T.
Hunter, third, fourth and fifth;
Carl Fischt-r, eighth, and Manuel
Alonso, tenth.
cotton.
Mr. J. A. Phillips, weigher and
custodian and Mr. A. M. Doolittle,
bookkeeper, are from Putnam and
Oconee counties, respectively, and
are young men of excellent charac
ter and ablk'ty.
The liberal patronage of the host
farmers and merchants given to
the Moss Bonded. Warehouses is
the highest possible evidence of
confidence and appreciation of tho
faithful and efficient service.
The policies of this company aro on t ** e cIai,,l,catl011 °*
dictated by a board of directors
composed of some of the ablest
men In the country. The president
of Independent Warehouses, Inc.,
Is a Georgia man, Mr. Eugene W.
Stetson, formerly of Mtcon, Mr.
Stetson lj also a vice president of
the Guaranty Trust Company ol
New York and a director in many
of the largest businesses In’ the
country.
The Athens branch of Independent
Warehouses will be operated 01
the highest plane o| storage ware
housing. Every element of hasard
has been eliminated. Independent
Warehouse* is net Is the cotton
business and neither buys nor sells
cotton for Its own account. Neither
will (t attempt to usurp the func
tions of a banker by the making
of advances on property In lta cus
tody. A warehouseman’s sole doty
Is the safeguarding and keeping of
another's property and Independ
ent Warehouses will have no other
Interest In cotton placed In Its
care.
negotiable cotton warehouse
receipts, when Issued by a respon
sible warehouse, te most accepta
ble collateral for a loan. Negotia
ble receipts issued by Independent
Warehouses are acceptable at all
local banka and In the largest fi
nancial centers of the country:
There will be sufficient funds In
YOUNG CADDIES PLEASE
GEORGEi DONT BOSS HIM
NEW YORK—Lloyd George, not
ed British statesman, visiting Amer
lea, expresses surprlso at the
youthfulneca of the home grown
golf caddies.
Over here caddying Is a youth’s
job. Mostly it is done by boys «*fll
in the grade school*. In England
nnd Scotland the work is done by,
elders. Generally the caddy If
older than the player. •
George playing n game cn an
American course, drew one of tbe
youngest caddies at the club, a
bright-faced, twinkling-eyed fad of
19.
‘Well, i'll enjoy this round,” re
marked the distinguished visitor.
•*I won’t have to be so very care*
Ail about offending the superior
golfing genre of my caddie, which |
MO]NEY!
Makes a Bale Per
Acre Despite Pest
(Continued From Pago Ons)
county, not only to the farmers but
to the bualnesa men.
S. The county agents must hav*
the active and permanent support
of the business men of the coun
ty. The results obtained In coun
ties like Floyd this year were not
accidental. It wag only through
the spirit of co-operation between
the county agent, farmers and busi
ness men.
The success of any agricultural
program, concluded Dr. Soule, will
depend on educational leadership,
funds to make this possible and n
co-operative spirit permeating ev
ery phase of the activities of the
community which VHI1 make It pos-
The Power Behind the Wheel of Commerce,
Industry and Agriculture
THERE are four things essential to industry, commerce and agriculture and thus to
all modern life—hand, labor, money and management. A store, factory or a
farm must have all four.
Modern business requires so much money that no one group of people can supply
it! All the money in all the banks is needed and used.
You not only benefit directly by having money in this bank, but you help move
the wheels of commerce, industry and agriculture and promote progress and pros
perity in Athens and this territory.
Although this bank has been organized and operating only about two decades—
which is not a long time in counting years—it has seen Athens grow from the small
town class into a city, and not a little of the advance made by the city and section has
come directly from and through the influence and aid of the Georgia National Bank.
Every Department of Modern Banking Is Represented in Its
Service, and Every Accommodation Consistent With
Sound Banking Is Rendered to Its Clientele.
Georgia National Bank
OF o4 THENS
THE LARGEST BANK IN NORTHEAST GEORGIA
•<
MOSS BONDED WAREHOUSES
THE ONLY GOVERNMENT WAREHOUSE IN ATHENS
Owned and Operated by John D. Moss
SHIP US YOUR COTTON
-PROTECTION!
We are licensed by and under bond to the UNITED STATES GOVERNMENT. Cotton or merchandise stored with us is safeguarded by the Federal Governmet in just the
same way as is your money in a NATIONAL BANK. Our employees are licensed and bonded. Your receipts and cotton are checked, counted and verified at frequent inter
vals by government inspectors. We have the latest and best automatic sprinkler system throughout our warehouses.
-ECONOMY
Our BONDED RECEIPTS in the hands of your banker, command the lowest
rate of interest authorized by the Federal Reserve System. We are located
on Oneta Street, on property adjoining the local compress and served by our
own railroad tracks, connecting with every railroad entering Athens. /
SERVICE
Our service is all you might expect from thirty-four years continuously in
the cotton business with a clean record from end to end. In ease of advances
or loans, our BONDED RECEIPTS are deposited by you in the bank of your
choice and the money paid direct to you by the bank.
Our warehouses meet the demands and needs of the hour, combining as they do, absolute protection with service and economy.
Simply ship your cotton “John D. Moss, Athens, Ga.” We will do the rest. Write for information or call in person. Shipping tags
on request. Customers who wish may deliver their wagon cotton in front of No. 433 1-2 Broad Street.
Location: Oneta Street, just off Chase Street, adjoining property of Local Compress.
MOSS
433 1-2 BROAD STREET
WAREHOUSES
ATHENS, GEORGIA
