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VOL. 91, NO. 213
Associated Press Servtca
ATHENS, GA* FRIDAY, OCTOBER 19, U23.
A. B. C. Paper
Blngle Copies ■ Cents ’Dally. I Coots Sunday.
' r -
sixth largest Inland cotton market
In the south, the buyers and ware*
house men are prepared to show
every accommodation in keeping
with sound business methods.
ENCOURAGING
SIGNS SEEN FOR
BETTER TIMES
Athens Warehouses Can
Take Care of One Hun
dred Thousand Bales of
Storage Cotton This Sea
son. , ,
With a warehouse and storage
capacity of one hundred thousanc
I>nlr* of cotton, Athens warehouse- I
men have every facility and pro-j
tectlon to offer the farmer and
cotton grower. Thee® warehouses
are officered and owned by wall
known business men and corpora
tions and the fullest accommoda*
tions In every particular is offer-
cd by these concerns.
An innovation In the warehouse
buMnem in Athens has been the
employing of an independent audi
tor whose duty it Is to Inspect and
check up every bale of cotton stor
ed In these warehouses by farm
ers and cotton growers Insuring
the owner of the cotton absolute
protection and complete records of
whatever he may deposit with the
warehouses.
In this issue Of the Banner-Her
ald will be found articles from
leading warehousemen and adver
tisements of their places of busi
ness which furnishes much infor
mation as to the capacity, facilities
and accommodations offered.
This market is one of the best
In the cottdn belt and at no place
Is there a higher price paid for
cotton than in Athens, Being the
By H. Q. STORY, story’s Cotton
Warehouse
With prospects for a greatly In
creased cotton crop, we ibavo look
ed forward to every Interest of
the cotton grower in providing fa
cilities for the proper handling pf
all cotton which may Jte brought
to us. The season is just opening
but never at any time have wo
been ,*n better position to servo
our customers than we are now.
Wo expect that tho prico of cot
ton will cqntlnuo firm and that tJio
crop this year will provo a prof
itable one to the farmer. However,
we would not advise tho cotton
tho market is offering around thirty
tho marketl a offering aruond thirty
cents a pound. Wo bcllevo that on
such a market it la wiso to sell.
Yet, wo are prepared to stc^rc your
cotton and carry't until you order
it sold. Our warehouse, books and
receipts aro subject to the Inspec
tion of an official auditor and' every
balo of cotton stored with us Is
accounted for dally by this disin
terested auditor.'We Invito you to
Insect <ovr system of handling
your cotton which will provo to
you tho absolute safety of every
balo placed In our custody.
We have a large capacity and
every facility for the satisfactory
handling of all cotton entrusted to
us. We solicit your cotton, backed
by years of experience and relia
bility and Insure to you, safety,
courtesy and every convenience In
keeping with reliable and sane
business transactions.
RECEIPTS AS GOOD
BANK CBLUITERAL
Accumulation and Distri
bution of Raw Products
and Manufactured Arti
cles Present Necessity of
Storage Warehouse.
By ROBT. OULD, or IndepandV it
Warehouses, Inc.
"As tho country grows, its na
tural resource* becomo more
thoroughly developed, and the po-
ulation and business of our cities
Increase, the problems of distribu
tion become greater. Soaional ac-
WELL KNOWN
BANKER GIVES
HIS VIEWS
By E. L. WILKINS, V. P. Guaranty
Trust Corporation
Times of atreas and depression
cause discouragement an dlack of
confidence and faith. On account
of the long period of depression
through which we have just been
passing, this state of affaljrs Lbas
been the natural result Everybody
has been suspicious and afraid to
move, the tlmo has come to lay
aside fears and start on a con
structive program.
We can get on Our feet again and
> on tho road of progress by dis
pelling this feeling of unrest and
distrust and by practicing strfet
economy and thrift
Tho whole financial structure Is
built on faith and confidence, whea
these fall tjbe structure must fall.
What we need to restoro equili
brium is work and the adoption of |
V wvwa.a. ^Aa.vs. awuv/vsavvu VA a. avjljlvAH; JL^UJLJLIVU V/ T VI JL 1W IT.LJUULIUli
Deposits In Athens Banks $4,953,675.40 And Growing Every Day
Athens Warehouses Have Storage Capacity of Hundred Thousand Bales
COTffli STORAGE
CAPACITY GREAT
-COTTON BUSINESS
C. W. Crook, Manager of
Planter’s Warehouse,
Gives Valuable Informa
tion to the Farmer.
PIONEERS IN THE
COTTON BUSINESS
cumul&t'on, of raw* product, and ,' dca » Intended for the common ;
manufactured article* muet bo ; « ood - « ®ntor the season with ;
spread over tho period of consump
tion. The products of one portion
of tho country must be readljy
available for the use of tho entire
nation. In these problems the stor
age) warehouse Industry la playing
an increasingly Important part.
“There will ever bo a close tie
between the banker and the stor
age warehouseman; both guard tho
wealth of others, the former as the
custodian of funds and the latter
as the custodian of goods. Each
must Jealously protect his reputa
tion for Integrity and responsibi
lity.
Goods deposited with storage
warehousemen must in many cases
be financed through the medium
of warehouse receipts as collateral.
Tho character and stability of a
(Torn to Pago Three)
faitji and confidence In ourselves, (
In occ business and In each other t
there will result a better feeling {
and prosperity will be close at *
hand.
Let us practlco these and pull
for better business. - '
PARIS—There were 18,720 play
ers entered and 14,128 actually
took part in the popular tennis
tiurnaments organised throughout
France by the French Tennis Fed
eration during the season jual
closed. Several promising young*
rters were uncovered whol, with 4
few years more practice, may de
velop into Davis Cup timber.
Athens, tjr many years noted on
the map of markets aa the sixth
largest inland cbtton -receiving
station in tho United States, is to
day facing a new designation by
reason of changed conditions in
production of the staple.
•Probably tho hugest factor In
these changed’ conditions is the
boll weevil, tho ravages of which
on the cotton crop in Georgia bd-
gan to be fell most in 1919, grow
ing in extent and severity to the
preseat time. It was the advent of
the boll weovll that forced the
adoption of a “balanced agrlcub
tare’” program upon the fanners
of this section If Indeed, It did not
begin it.
FARMERS!
The Backbone of
Our Country—
This store has always recognized the fact that our Farmers are
tihe back-bone of this country—we have always recognized the
dependency of the larger towns on the farmer, who feeds them.
We are for the Farmer
and always have been—
Athens needs the farmer and the farmer needs Athens, the
success of each depends largely on the success of the'other.
Athens is a good place to sell
and store your cotton—
Cotton, the most valuable product, should be carefully guarded
and protected. No man would buy a new automobile and
stand it out under a tree, exposed to the weather, or let it go
exposed to the danger of fire without insurance. Yet, cotton is
sometimes handled carelessly. Athens warehouses are pre
pared to give your cotton the kind of protection it should re-
ceive, where it can be held or sold to the best advantage, in ac
cordance with the wishes of the owner.
Davison-Nicholson Co.
Bat even with these new con
ditions, wo aro porhaps better off.
In too findings of the Georgia co
operative crop reporting service,
just made public Is’frven figures
that will prove thjs. In tho first
place the 1923 commercial crop of
Georgia has a value of $230.808r
000 aa against a similar 1922 value
of $211,236,000. That is to say.
] (Turn to Pag# Throo)
Bonded Warehouse Oper
ated and Controlled By
John D. Moss, Pioneer in
Business.
Ncarlr fifty retry ego . Major
John J. Thomas and Mr. R. L.
Msss. Sr.. erected ,a||d operated the
first public cotton warehouse ever
established in Athens. These men.
prominent In the d'vlc and business
life of Athens were veritable pion
eers In the cotton warehouse busi
ness; the Moss Auditorium and
Hardy Hardware atoro now stand
on tho alt* of the original "Moss
and Thomas Warehouse."
In 1887 Mr. R. L. Moss. Sr.,
bought out tho Interest pf hla re
tiring partner and two years later
ansoq'ated with him Me son, John
D. Moss, who In turn, nearly •
quarter of a century later, has
mado his son, R. L Mom, 111, bis
partner and the advertisement of
the present firm appear! tn this
Issue of tho Banner-Herald under
the caption of "Mom Bondod Ware
houses" and once again history re
peats Itself for tn the establish
ment of the Government Bonded
Warehouses Mr. John D. Moss has
dono pioneer work, hla warehouses
being tho first and only Govern
ment Bonded 1 Warehouses ever
established In Athena or Its vlclpl-
ty.
During tho more than thirty
years tbit Mr. iMOas has been In
the cotton business he has eitnb-
(Turn to Page Thrss)
MAKES A BALE PER OAfiK FACILITIES
ACRE DESPITE PEST
• That a bale of coton per acre
can be produced under boll wee
vil conditions has been demonstrat
ed by County Agent M. W. H. Col
lins in Floyd county according to
Dr. Andrew M. Soule, president of
the State College of Agriculture,
who has Just returned from a tour
of inspection of this remarkable
accomplishment.
“Mr. Collins had one hundred
farms In Floyd county which were
used as demonstration arena," said
Dr. Soule, “and forty of these havg
already gathered a bale of cotton
par acre. The most modern meth
od# of cultivation combined with
the judicious use of calcium arse
nate were employed, and this is the
explanation for the remarkable sup-,
cess of the demdnstratlons.. There
10 reason why this program
rhould not be extended throughout
the stato of Georgia and our state
placed on a better financial basis,
and enabled to. ‘ produce’ a fair
chare of a ready money crop.
The accomplishment of this end
rests on three fundamentals ac
cording to Dr. Soule, which he out-,
lined aa follows; t
The employment of a first {
class county agent with scientific
training such aa may be obtained
at the State College of Agricul
ture in every county. It le mani
fest that new conditions must bo
met with new Ideas and educated
men and women will be called on to
do the job.
The idea of a new agricultur
al progress must be sold to each
(Turn to Page Three.)
ADEQUATE TO MEET
NEEDS OF SECTION
Athens Financial Institu
tions Among Strongest
in Southern States and
Offer Every Modern
Banking Facility.
Represented by over ten million
In cicpltal, resources and deposit*!,
tho banks of Athens offer every
Ind’ucjement for tho depositor and
for t'5o transaction of the banking
business of tho people In this
scctlctn. of tho state.
1 As Ta cotton centor, Athens i*
blisadd with ample capital to fl-
»an< ev« ry bale of cotton brought
to this market. Officered by men
of crrjierienco every Interest of the
customer of tho bank sare earn,
fully ' and safely guarded In every
particular and detail.
Tho oar/tal and resources of the
banka hero arc practically five mil
lion dollars wjth deposits as of tr*
day $4,953,675.40. The large amount
of deposits Is an indication of the
return of normalcy and a general
revival of hotter times.
In all lines of commerce a great
Improvement is shown and tho re
turn of prosperity, over night, Is
poun us. With condmpns steadily
Improving day by day the period
of depression will soon bo passed
and commerce and Industry will
again bo normal, safe and sound.
Athens’ Distinctive Hotel—Now Beady For Winter Guests.
The
GEORGIAN
Accommodations For 250 Guests
One of the most modern hotels in ’ Georgia-.-Eyery
room steam heated and fire proof
125 Rooms —75 With aths
Rates $1.50 tp $3.00 Per Day
On Five National Highways—All Roads Lead to Athens and the Georgian.
W E never iose an opportunity to point out to runt* at our hotel*, who desire such
Information, the man, distinctive and unusual advantages Athens offers to
ievutors end home-seeker*. We never fail to refer business men and Ihelr represen
tatives to the strong financial institutions, the progressive manufacture!*, the wide
awake and aueeeMful mereantil firms, the large wholesale and Jabbing houses hens
and to give them Information about the educational Institutions, the city schools, the
churches, and the civic organizations here. We are frequently asked about the Agri
cultural College end industry in this city and section—the cotton growing situation!
and the farming interests of all kinds, ft is a crest pleasure to us to not only supply
the information but to personally see to It those who wish it may be given the facts
from the most reliable sources and taken on tours of inspection if they so desire,’
We are glad to be a part of Athens—Both as business men and
citizens—We are for Athens and this section in any endeavor
looking towards progress..
H. R. & C. R. CANNON, Lessees
The New Cecil ATLANTA Terminal Hotel