Below is the OCR text representation for this newspapers page.

Investigate Today! To Regular Subscriber* the banner-herald 11,000 Accident Policy Free THE BANNER-HERALD OaQj and Snndiy—10 Cents n Wm£< AtebMaftad 1 Ml InvMtigrt* Today! To Rogu^r Subscribers THE BAP JNER-HERALD $1 a 000 Avoidant Policy Freo 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