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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