Newspaper Page Text
cotton jumps
to TEN CENTS
product Brings Highest Price
Known In Years.
HEALERS BUYING UP THE CROP
They are Paying a Good Price For
Delivery Next Fall-How the
'Work Is Done.
Monday at the closing of the cotton
Ksrket in New York middling spots
*e*e selling in that city at 9 13-16 for
uplands and 10 1-16 for gulf. May
dosed Saturday at 9.38-9 and Monday
rose to 9.54. Atlanta spot cotton
jumped up to 91, at which point the
staple was worth about 847 per bale,
which is more than it has brought in
joine years.
Cotton is worth about $lO per bale
,nd the crop is worth about $90,000,000
mo re than it was on New Year’s day.
The cotton market is excited and
speculation as usual is heavy, but the
most remarkable and significant feat
ure of the present situation is that
cotton houses are buying next fall’s
crop, seven to ten months ahead of
time.
This is not a purchase of futures in
the ordinary sense, but a contract to
take actual cotton when it matures and
is ready for market.
Prominent cotton firms are offering
to take next fall’s crop at 7| to 8
cents, and a great deal of cotton has
been sold to them already. It is re
ported on what appears to be good
authority that the fertilizer compa
nies, who will receive an immense
amount of cotton in payment for fer
tilizers, have already sold their con
tracts at 7{ cents to cotton houses.
The Yirgiuia Carolina Chemical
company supplies a large part of the
fertilizers sold in Georgia and other
southern states, and is reported to
hare sold au immense quantity at 350
pounds of cotton per ton.
This would make the Virginia Caro
lina Chemical company long on fall
cotton, and it is reported that they
sold or agreed to sell their cotton con
tracts to a prominent cotton house for
7{ cents. This would net them $27.12
per ton for fertilizers which sold last
year below S2O.
Thus a large part of the cotton crop
of this section has been bought with
fertilizers at a boom price and sold for
ca?h against the market.
The question naturally arises, how
can the cotton houses afford to buy
next fall’s crop?
The answer is that they can sell it
as they buy it, ahead of time, and they
do so.
The speculative market is such that
fall cotton can be sold in New York at
a traction over 8 cents, and when a
cotton firm buys cotton for actual de
livery next fall, it protects itself from
the hazard of the market by buying
futures to the same extent.
. The question arises again, how does
■t profit them to buy and sell at the
aaine figures, paying commissions and
other expenses?
They contract ahead of time for the
amlliug of so much cotton, on every
oale of which they make the ordinary
fronts of the business,
la other words, they are securing
usiness ahead of time and ahead of
lUeir competitors.
Tkher motives have been attributed
0 the cotton men. It has been sug
thstol that they wish to handle a big
jop because their profits figure at so
j a bale, and knowing the effect
an offer on the acreage, are
' i]> ishing it broadcast in the plant
season.
Whether the have any snch motive
off Do V her e cau k® no doubt that the
jf. r . to 8 cents for the fall crop
beavi'y UCe farmers to plant very
i j tl>: double about it, so far as the
ind " H are coacern ed in that it will
“ 1 c many to plant beyond their
tp as ' v 'iH not be careful to make
lira?- 6 V6S Ba^e * n c f°i n g so. The pub-
D(r ‘' ,n °f these advance offers for
hnr i 1 H cro P affect the action of
wJSJV* thousands of planters,
11 be in no wise jsrotected.
0N MISSION OF PEACE.
C<>a >nancler.ln.Chler Shaw of G. A. K.
Preaches Fraternity.
' eaera * Shaw, commander-in-chief
a ‘ Grand Army of the Republic,
Y ‘ e ' ? ed a large audience at Norfolk,
’ T u ® s <fay night. There were
p res ‘ L nion and Confederate veterans
tclif If ie was cheered to the
f tar '! 6 annoua ced that he was just
B tat/s' '° D a t° ur °T twelve southern
peace at mission was one of
*at mi CoiJ cord, equal to the pres-
Pleadr. 1 r , eac^*n S> to the future. He
ter C jf v e ' o< l u ently for unity and fra
ion '* arui made a profound impres-
RECEIVERS’ REPORT
As to Status of Southern Mutual
Building and Loan Associa
tion Affairs.
Judge J. A. Anderson and Mr. M. A.
O Byrue, receivers of the Southern
Mutual Building and Loan nssociatiqn,
have filed in the office of the clerk of
the superior court at Atlanta a state
ment of the receipts and disburse
ments from January 1 to February 28.
1900.
The report shows the cash on hand
to be $70,955.23.
The receipts for the period covered
were $10,226.17, and the disburse
ments were $1,219.99.
The statement is as follows:
RECEIPTS.
Cash on hand January 1, 1900.
Georgia receivership $40,726.20
Mississippi receivership.... 6,344.16
Florida receivership 14,878.69
Real estate loans in full set
tlement and on account 3,576.99
Bills receivable 45.20
Real estate—sale of property
and rents 6,007.35
State Savings bank: Ten
per cent dividended on
reserve fund account.. 562.38
Sanders & Davis—money ad-,
vanced by them to pay
taxes on ass’n property
in Cedartown, Ga 24.48
Interest, discount and ex
change—interest on
loans 9.77
Total receipts $72,175.22
DISBURSEMENTS.
Real estate loans, insurance,
taxes etc $ 236.44
Real estate taxes, insurance
and repairs 303.77
Sanders <fc Davis—refund
amount advanced for taxes 24.48
Interest, discount and ex
change on deposits in Neal
Loau and Bunking Cos.. .. 4.05
Postage 5.00
Legal expensejeertified copy
order of court appointing
auditor, filed with court
in Tennessee 2.25
Salary; receivers, account,
compensation and office
force 574.00
Incidental expense 66.00
Traveling expense 4.00
Total disbursements $ 1,219.99
Cash on hand February 28, 1900:
Georgia receivership $49,732.38
Florida receivership 14,878.69
Mississippi receivership... 6,344.16
Total disbursements $70,955.23
Judge Anderson stated that he
thought the basis of settlement with
the shareholders of the association
would be determined at the present
term of the superior court. Mr. T. A.
Hammond, the auditor to whom the
various points in the case were re
ferred several months ago, has very
nearly completed the hearing of evi
dence and argument.
If an appeal should be made from
tks ruling of the auditor Judge An
derson thinks a decision of the su
preme court could be secured within a
few months.
The money hitherto collected has
been from creditors who settled volun
tarily, and until a judgment is pro
nounced as to the rights of the various
parties, the receivers will not be in a
position to enforce collections and to
distribute the assets.
DAY FOR TAX RETURNS.
February Ist la Named by Georgia Offi
cials ns the Date.
At a conference between Governor
Candler, Comptroller General Wright
and Treasurer Speer at the statehouse
last Monday the agreement was reach
ed to fix February 1, 1900, as the day
for making tax returns all over the
state. Under the act of the last legis
lature the three officials named are re
quired to name the day betwoen Jan
uary Ist and April Ist, but are not
permitted to agree upon it until after
March Ist.
This requirement is made in order
to prevent irregular returns and to
give no opportunity for evasion of
taxes. The following is the order
issued by the comptroller general fix
ing February Ist as the day for the
return of taxes:
Atlanta, Ga., March u, 1900. —
Whereas, the general tax act, ap
proved December 22, 1898, requires
the governor, the comptroller general
and the state treasurer to fix a day be
tween January Ist and April Ist of
each of the years 1899 and 1900 as a
day for making returns of taxes,which
day shall not be fixed until March Ist
of each of the years mentioned (as pro
vided by the act approved December
20, 1898):
It is, therefore, ordered. That the
first day of February, 1900, be, and
the same is, hereby fixed and desig
nated as the day for making returns of
taxes for the year 1900, hereby requir
ing the values of all property owned
and possessed on that day to be the
basis of said tax returns.
Witness our official signatures this
the sth day of March, 1900.
A. D. Candleb, Governor.
Wm. A. Wright, Comp. Gen.
W. J. Spefb, State Treasurer.
Tits Poacher’s Dog.
The such sful professional poacher
Is a fellow . f keen observation. He
has a complete comprehension of ani
mated nature, of woodcraft, and of
how changes in the weather affect the
customs of his quarry. Discarding the
gun, which has the disadvantage, un
less it be an air one, of betraying his
presence, he chiefly relies on nets and
his dog. The breed of dog—commonly
a cross between a greyhound and a col
lie —is called “lurcher.” In addition
to having the speed of the one parent,
and the “nose” and Intelligence of the
other, a lurcher has more stamina than
a greyhound, never gives tongue, and
will usually retrieve. In frosty weath
er a lurcher bred from a stagbound is
preferred, as It has harder feet than a
dog of the greyhound breed. The ter
rier lurcher, being apt to bark, is of
little use to the poacher.
The training of these dogs is of a
very high order, as upon it almost en
tirely depends the poacher’s success,
and often his safety. Here is an actual
incident. A poacher on the hunt for
hares had set his net at the gate of
the field. Motioning his dog to range,
he was surprised at his refusing to do
so. Growling, it crouched at its mas
ter's feet. His suspicions aroused, the
poacher, glancing back, discerned the
burly figures of two keepers stealthily
creeping up behind the hedge at the
opposite side of the road. Seeing they
were observed, the keepers sprang
over the hedge, but, thanks to the time
ly warning of his lurcher the poacher,
making good use of his legs, effected
his escape, minus Ills poaching imple
ments. On account of the use to which
the lurcher Is put it is looked on with
reproach, yet this creature is often a
perfect model of animal beauty, and in
intelligence and capability is Inferior
to no other breed.—Chambers’s Jour
nal.
Wrong Way to Advertise.
Street boardings, covered with flashy
postors, are as much a nuisance in the
city as the rocks and trees defaced
with hideous painted signs are on rail
road lines. The place for advertite
ments is in a paper, not on a fence.
I doubt whether the posters do
advertisers any good; they seem
more likely to repel than to at
tract business patronage. There
should be a city ordinance to prohibit
the disfigurement of our streets. Look,
for example, at the ugly sign-board
fence that Mr. Elbridge T. Gerry has
erected around the ruins of the Wind
sor hotel, thus adding another horror
to those of the fatal fire. I hope that
the Herald will continue its crusade
against such unsightly and offensive
attempts at publicity.—N. Y. Town
Topics.
An Italian paper purporting to give
statistics of all canonizations and
beatifications since the year 1500
shows that there have been no saints
in Ireland, England or Scotland from
that date.
Our Increase of Insanity.
Much discussion has been aroused lately by
the alarming increase of Insanity. Our high
rate of living Is the cause assigned. In the
rush for money, b >th men and women neg
lect their bodies until the breakdown comes.
The best way to preserve health Is by a faith
ful use of Hostetter’s Stomach Bllters. By
curing all stomach ills, this remedy prevents
nervous breakdown. It Is also an excellent
medicine for constipation, dysjjepsia and
biliousness.
On the Other
Mrs. Renter—But you have given mo no
rece pt.
Mr. Collarbuttonovicfc— Nein; ve depends
on your honef-ty airetty not to bay us twicte.—
N. Y, Town Topics.
Tlie Best Prescription for Chills
►ml Fever is a bottle of Gkove's Tasteless
Chill Tonic, it Is simply iron and quinine In
a tasteless form. No cure —uopav. Price 50c.
Jack —The trolley car I came down on was
full of women. It mode me feel like Con
gressman Roberts.
Mack—Had your seat contested, eh?—N. Y.
Town Topics.
There Is more Catarrh In this section of the
country than all other diseases put together,
and until the lasKew years was supposed to be
Incurable. For a great many years doctors
pronounced it a local disease and preset lbed
local remedies, and by constantly falling to
cure with local treatment, pronounced It In
curable. Science has proven catarrh to be a
constitutional disease, and therefore requires
constitutional treatment. Hall's Catarrh Cure,
manufactured by F. J. Cheney & Cos. Toledo,
Ohio, Is the only constltutl"iial cure on the
market. It Is taken Internally In doses from
10 drops to a teaspoonful. It a<'ts directly on
the blood and mucous surfaces of the system.
They offer one hundred dollars for any case
It falls to cure. Send for circulars ami testi
monials. Address F. J. Cheney <Ss Cos., Toledo,o.
Sold by Druggists, 75c.
Kail's Family l’llls are the best.
I could not get along without Piso’s r ure
for Consumption. It always cures.—Mrs. E. O.
Moulton, Needham, Mass., October 22, 1804.
Vitality low, debilitated orexhanstd cured
by Dr. Kline's Invigorating Tonic. Fksk $1
trial bottle for 2 weeks’ treatment. Dr. Kline,
Ld., 931 Arch St., Phlladelpha. Founded 1871.
Mrs. Winslow's Soothing Syrup for children
teething, softens the gums, reduces Inflamma
tion, allays pain, cures wind colic. 2jc. a bottle.
A Glittering Affair.
‘‘That was a brilliant victory,” said
Catesby.
"What?”
“The relief of the Kimberly diamond
mines.”
Pußnll’g
COUGH SYRUP
Cures Croup and Whooping-Cough
Unexcelled for Consumptives. Givea
quick, sure results. Refuse substitutes.
Dr. Lull's Pills cun Bilioutufts. Trial, 20 forsc.
cuFuerroFt
mm
casts ME Alt ELSE f AITS.
Best Cough Syrup. Tastes Good. Use
In time. Soul by druggists.
Born ■ Clown.
"Did you eve hear of the Joke which
got Dan Rice, the most famous of all
the circus clowns, his Job under the
eanves?” asked au old-timer.
"No—what was it?”
"Dan, while still in his teens, applied
to a circus manager for a position.
" ‘What salary do you want?’ asked
the manager.
“ ‘Eight hundred dollars a night,’ re
plied Dan.
“ Tell you what I’ll do,’ said the
manager.
“ ‘Well, speak quick,’ returned Dan.
I’m losing time.’
" ‘l'll give you $4 a week.'
"‘All right.’ said Dan; ‘it’s a go.’”—
Atlanta Journal.
A YYonderfnl Uerm-Klller.
Skin diseases,suoh as tetter, eczema,
ringworm, salt-rheum, or anything of
the kind, aro cured by Tetterine. It
kills the germs, and the skin beoomes
healthy. Its efficacy is well estab
lished. Hundreds of testimonials can
be shown by J. T. Shuptrine, Savan
nah, Ga. Send 600. for a box post
paid if your druggist doesn’t keep it.
Newgate Prison Doomed.
The last execution at Newgate Pris
on, the most famous In the world, tho
theme of Thackeray and Dickens, Is to
be torn down to make room for the
new Central Criminal Court. New
gate has a right to bo famous. It was
first built in 108 G by the Bishop of
London. After Dick Whittington’s
death it was rebuilt for the second
time and an effigy of Whittington and
his cat placed on top. It has 6ince
been many times rebuilt, but never be
came a desirable home.
Futnam Fadeless Dies are fast to
sunlight, washing and rubbing. Bold by
all druggists.
Truth By Accident.
“The marrimre tio is the proper tie,” said
the popular clergyman, as he read to tho re
porters choice extracts from his sermon for
the Monday newspapers.
“The marriaue tio is the property,” was
the sentence as it appeared in print.—N. Y.
Town Topics.
To Cnre a Cold In One Day.
Take Laxative Jlromo Quinine Tablets. All
druggists refund the money If it falls to cure.
K. W. Grove’s signature Is on each box. 25c.
A War Kxpert,
Although no man of mighty deeds,
lie has my admiration keen ;
Ho can pronounce the names he reads
And knows just what the war maps mean.
—Washington Star.
not always saved. I
THE cheapest is not the best, but the bct is I
the eheapest, and the best Buggy is none
too good. Then why practice economy ai
the wrong end? For a dollar or so more
I NgLyM- 7°u Bet8 et 89 g°°d aB cßn be-made, and you might as well
J reap the benefit as not. c Did it ever occur to you in
Ih.. ? I3QCK IHI I ftWLOV-CQ.--
IctPTi HflfifaninOCi nH.JL.ySC-j
CHOICE Vegetables
will always find a ready
market —but only that farmer
can raise them who has studied
the great secret how to ob
tain both quality and quantity
by the judicious use of well
balanced fertilizers. No fertil
izer for Vegetables can produce
a large yield unless it contains
at least 8% Potash. Send for
our books, which furnish full
information. We send them
free of charge.
GERMAN KALI WORKS,
93 Nassau St., New York.
AGENT3I AGENTS! AGENTS!
Thegra ndes t snd/<wfcl lelling book • v er published Is
DARKNESS: DAYLIGHT
or LIGHTS and SHADOWS OF NEW YORK LIFE
WITH IHTnOPUCTIOM
BF REF, LYMAN ABBOTT.
Brlendidly Illustrated with 2.10 superb engraving*
from JUush light ptwtn'traph.B of recu life . Ministers
say: “God speed it.” Kvervone laughs and crie* over
It. and Agents an selling it bg thousands. fFIOOO
more Agen*a wanted all throngh the South—men
and women. H 100 to *2OO a month made. end
for Tormß to Ap*nti. Address IIAlt! fOltli
PUBLICIIINC* CDi Hartford, Conn.^
W. L. DOUGLAS
S3 & 3.50 SHOES
Srth $4 to $6 compared
with other makes. ip
Indorsed by over
1,000,000 wearers. EV’Jfei W
he genuine have W. I-pTv” lu
Duglas’ name and price lij
amped on bottom. H
2 substitute claimed to
1 good. Your dealer krfe y.fF’ A.
hould keep them—if jffEhsfSPs /kWk
lot, we wilt send a pa:r i-yy-w-V
t receipt of price and 25c.
:tra for carriage. State kind of leather,
te, and width, plain or cap toe. Cat. free.
eotaatmiTS L DOUGLAS SHOE CO., Drockton, Mass.
TYPEWRITERS^
Write for our bargain list.
Rebuilt machines good a now
(for work.) cheap. Machines shipped
for examination. Largest, best
and cheapest stock In the country.
We rent typewriters.
THE TYPEWRITER EXCHANGE,
308 North 9'h Bt.,
St. Louis, Mo.
Mention this Paper"*
wm
I Look
2C Years
Younger
*• I am now seventy-two years
of age and my Hair is as dark as
it wts twenty-live years ago.
People say I look at least that
much younger than I am. i
would be entirely bald or snow
whiic if it were not for your
Hair Vigor.”—Mrs. Anna
Lawrence, Chicago, 111., Dec.
22, 1898.
Is Yours
Snow-white ?
There is no getting around
such a testimonial as this. You
can’t read it over without being
convinced. These persons do
not misrepresent, for their testi
monials are all unsolicited.
Ayer’s Hair Vigor restores
color to gray hair every time.
And it is a wonderful food to
the hair, making it grow rich
and heavy, and keeping it soft
and glossy all the time. It is
also an elegant dressing. ?
fI.OO a bottle. All drngtista.
Write tke Doctor
If you do not, obtain all tho benefits you
desire from the use of tho Vigor, write
the Doctor about it. He will tell you Just
tlie right thing to do, and will send you
his book on tho tlair and Scalp If you
request it. Address,
Dr. J. C. Aver, Lowell, Mass.
' NERVOUS
DISEASES.
e-AtruC food for fh PMtCK
BRAIN,NCHVrS. ‘ftST f sv s v (Vi
MUSCLES*™ BLOOD Cl * C °t rj S
TRAVELING .SALESMEN WANTED.
Malsby & Company,
30 8. Broad St., Atlanta, Ga.
Engines and Boilers
Btenin Water Heaters, Steam Fill rip* anil
Peubertliy Injectors.
Manufacturers and Dealers In
SAW MILLS,
Corn Alills, Feed Mills, Cotton Gin Machin
ery and Grain Separators.
SOLID and INSERTED Haws. Saw Teeth and
I ocks, Knight's Patent Dogs, ISlrd mill Saw
AIIII and Engine Repairs, Governors, Grata
Kars and a full line of Mill Supplies. I'rica
and quality of goods guaranteed. Catalogue
free by mentioning this paper.
Kalr.er’e Bap* ' Spelt*—
give* Rich, - I l Wkntlsltl
freoa 3 *■*"■ llg/ypy Catalog
T/y SEEDS
Balnr'r Seed* arc Warranted t* Predate.
Hah low Lather, K.Troj,P.. astonished ibw world
RSjj by growing 250bushel* Rig Four Oat*; J. Rrelder,
UK Mifthlcott, WU,, 173 hue. barley; and H f.orrjny,
Red Wing. Minn .by nrowiu* ::20ba*b. Sal/er s c*>ra ]ffl
KBM per acre. IT y>n louht, wii* them. W? wish to gain r9H
fr&jjf 100,000 new customers, bencojrill send on trial ;
10 DOLLARS WORTH FOR 10c. H
10 pkgs of rare farm eeeiTs.'Hah Bash, the 3 eared BH
Yjjsl Corn—flpclta, producing HO bush, feod am! * tons hay
ragi per aers—above oats and barley. Rrotaus Inerruia
tbe greatest grass o earth; 3<Ux*r aayt so rffw
Rape, Hpring Wheat, kc. , including cor mam*
moth I'lan t. Fruitand See<l Catalog, telling all A/y
yA about HaUor’s iircat Million Cellar
I’otuto, all mulled fur ICc. p< age ;
positively worth $lO to get a start,
lieed Pslstsei $1.20 a bbi and °P
* pk** esrliwt
s-n-l R-wJatslog
sdv. with stone,u<
10c. to Kilur. Tl* f r 4 t
MONEIY
for
OLD SOLDIERS
Union soldiersand widows of soldiers who mad
homestead entries before June 12.1874 of ' ess than
160 acres (no matter if abandoned or relinquished)
if they have not sold tbeir additional homestead
rights, should address, with full particulars , giv
ing district, &c. EZIT2Y N. OC?P, Wiikiagtoi, S. 0.
Bryant & stratton (nookkoopiny
Cost no more than 2d class school. Catalog fro®