The Grady County progress. (Cairo, Grady County, Ga.) 1910-19??, September 29, 1910, Image 2

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MONEY ill 8E VESYFinil Big Crops and Favorable Bal ance of Trade Prove It SAYS THE I1EMY IMMINENT PfmiiIm •! Pleatjr of Money Does Not Apply to IndlvldaalB—Ca- aal Is Cobbling Dp United States Cola, So Treasnry »e- partnaent Coaid Not Help 11 Coantry Were la a Tight Place. Washington, D. C., Sept. 25.— It is unlikely that there will be any shortage of money anywhere in the United States this year. This is not to be construed as a promise to any particular individual, but is the opinion of the Treasury D - partment, whope hand is on the pulse of the nation’s financial and business life and represents the opinion of officials who constantly] watch for symptoms of any ip. The exprasa of diggiog the Panama, caval it from $2,000,000 to $4,000,000 ft month, end is o drain on the nation's ready cash. It was the intention to build the sanat with borrowed money ob tained from sales of Panama canal bonds, hut (or many reasons bonds could nol bo sold on furors ble terms .land Undo dam has been paying his canal workers out of his cash drawer until «ow (he canal owes the treas ury »125,000,000. One of the beat reasons why treas ury officials believe there will be no money stringency is that the nat ional hanks am preparing them selves to issue $500,000,000 extra currency as tho emergency currency law provides, if they have to. Sec retary MaeVcagh believes the com mon knowledge that such an im mense reserve is available, will stop any general movement to take mon- **v «ut of banks to hoard it in stock- i i.c Soil Weevil a Blessing Ts Louisiana Farmers. Tn round figures the ball weevil has cut Louisna's annual production strin- from $50,600,000 to $15,000,000. geney. In their opinion the dan ger mark, if there lias been one dur ing several months past, has been left astern. They give these reasons for their prediction of plentiful money. Primarily the banks savr What looked like a money shortage coming several months ago. They knew they could expect no help from the United. States treasury, such as they got in 1908, and pre pared themselves. They have piled up gold, built up reserves and cut down risky loans, and bonds and other securities which might not lie easy to sell, have been turned into money. New loans have been closely scrutinized. Crops Will Help a Lot. The banks have thus fortified themselves against any emergency. How well they did it was seen last week, when $10,000,000 was moved ant of New York to other banks Sind done very easily. Panics fore seen never come, financiers say. Money is plentiful in England and on the Continent. That is al ways said to be a good sign in mak ing a prediction for this country. Nearly every crop in this country this year is reported to be a bumper Corn will set a new record. Four fift >s of the crop has been gathered, so the chances of loss from frost is small. The oat crop is the greatest in years. The cotton crop will be 1,000,000 bales greater than it was last year The other crops are reported very large. Next month it is estimated , investors over the country will re ceive $170,000,000 in dividend checks from industrial, railroad and other corporations. That will add to the money generally in circula ti m. The record cops are one ar gument against a nfoney shortage because by their meanB the United States will have a great amount of food and manufacturing materials to sell to Europe. Canal Takes the Money. Europe in the meantime will be selling material to America, but undoubtedly not to the extent it did last year, and, therefore, will owe Americans money. This will be in gold, which comes across the ocean in bars. The banks will take it to the United States mints or sub treasuries to be stored away in the vaults and gold certificates will be . issued to represent it. Thus several more millions of dollars will come into circulation for business. This is what financiers call "the balance of trade,” and in such an instance it would be "in our vor.” The question may be asked why the Treasury Department could not help thebanks now as it did 1903. Because it has not the moo Simultaneously, through necessity., agricultural enterprise, encouraged by (tovernmeut experts and enlarged by the reclamation of marsh lands has increased Louisiana's annual revenue from oorn production to nearly $05,099,000 in 1910, from $1,000,000 to $5,000,000 a few years ago; yet the com industry of the Peiioan State is still/in its infancy. Thus, the farmers of Louisiana, who two yeans ago looked upon the invasion of the boll weevil as a curse a id a visitation of tho devil, now regard the little peat as a glorious blessing. Severs! years ago Louisawa far- ootton in. age 100,000 bales of season. The avar- ' was less than half TKO m KILLER _ IH A PISTOL DUEL /' < ~ Charlie Tat* an« Mm Merchant Vail ait Each other* Heart*. A Very Ueplnrahlc Affair. Wednesday aftsrnooa Charlie Tats and John Marehants engaged in a pistol duel near the former’? home east of the city and both warn killed. Mr, Tate died instantly and Mr. Mareha..t lived only half hour during which time he was un able to speak. Each received two wounds, the former being shot near the heart and in the hand while the latter received a wound in the stomach and one in the leg. The killing is said to have been the lesult of bad feeling that had existed for a number of years and which recently again became ag gravated. Mrs. John Wilkes, the sister of Marchant, and the wife of Tate wero present and witnessed the af fair. Mr. Marchant and Mrs. Wilkes were in their buggy when they approached Mr. and Mrs. Tate near their home. Marchant got out of the buggy and the two men drew their gunB and began fir ing almost instantaneously. Nine shots were fired and it is said that Marchant's gun was broken as if to reload. Mr. Tate a few months ago mar ried Mrs. Cubie Marchant, the widow rf Frank Marchant. John Marchant was a resident of Colquit county and leaves a widow and child only a few weeks old. The remains of Mr. Tate were buried at Meigs today and the body of Mr. Marchant was interred at the Pileher burying ground.—Pel ham Journal | Attention, Farmers. W« have now a complete stock of Chattanooga and Golden’s Cane Mills, Evaporators, Sugar Kettles, Gtlvehued and Black Iron Pan Bottoms, Grate Bars, end Furnace Fronts and Doors. Come in to see us when you want anything in the above lines and we •re certain we can please you. W« nlM haw* |mat kmIvcS a ear Cbaltoaaaf a One and Two-horse Plows and Repairs. Yours *«iy, Wight Hardware Co., Cairo, Georgia. AMtRUMSMmMwiwwa- FALL. STYLES Ladies' Trimmed Hats. The latest designs from $ 1.00 to $3.00. Will be pleased to have you call at my store and examine the great values for your money before you purchase elsewhere. Remember the Place: Corner Broad and Bryant. I. SHAPIRO, Proprietor. a Me,- but <ra (he best lands a bale to tlic aero was obtained. In those days 8 cents for mtddliag'wafl looked upon as a good prioe, and $45 ] c per Me, or $82.59 per acre, wa.- not to be lightly treated. In 1909 Louisiana predwood only 280,000 balm. To-day tlio farmers on the re claimed lands in Southern Louisiana are getting 100 bushels of corn per acre, which at 86 cents per bushel, brings them in $S6 per acre, or nearly three times as much as the Louisiana farmer got in the palmiest days of ooUon production. In 1808, and in all previous years Louisiana farmers, and particularly the cotton grmvnrs, bought most of the oorn needed to food their stock from corn-gcowwrs of Indiana, Uli- noiao, and other States. Last year, for tho first tame in its history, Louisiana beeame an exporter of com. This year Louisiana farmers will sell many million bushols of corn, and next year the excess of production oyer consumption in that Stdts may amount to as much as 100,099,099 bushols.—Newnan HomM. • BABIES SEEM TO LIKE ATLANTA. There is ne dearth of babies in Atlanta- According to the statis tics, 1,882 babies were born in At- lanta-tbis year. The population of Atlanta, according to figures sub mitted to the health department, has been augmented about 200 a month from births alone. The rec ord birth month this year was Jan uary, when 277 births wore report ed. / * When in town call around and let us put your name on The Progress’ mailing list. Wight & Weathers ELSE! T9 BE TRIED to to Come *g» to October to Bsnswl Cwrt. Swainshoro, (Sa.—Ths erimini'l docket at the Ootobcr term of Emanuel superior court will con sume the time of the court for the first week, while civil matters will occupy the attootton of tho court during the next week. Quite a large number of murdor oases will be heard during the week, among them the sensational case in which Mrs. Mattie Flanders and Dr. W. J. Mctf&ughtoa art defendants, charged with poisoning Fred Flan ders, the husband of tho former. Mwarito ter (Dm i> “——n. CAIRO. GA. ties for sale and invite the care ful inspection of the public tc them: Walter Harper place. 104 1-2 acres, 5 miles from Cairo, 5C acres under cultivation, fenced with plenty of good buildings, half mile from church and school A bargain. 150 acres, 8 miles from Cairo, with plenty of houses, near gooc school. For $2,250.00. D. W. Howell place, 125 acre* with 40 acres in cultivation, dwellings, cribs, barns, etc., enough for the place, 65gacres fenced, 1 mile east of Whigham on A. C. L. For $1,800.00. R. M. Wadsworth place, 150 acres,; 50 acres in cultivation, 2 good -tenant houses, well water ed, good school advantages, C miles north of Cairo. For $2, 500.00. William Drew place, 265 acres, 100 acres under cultivation, 5 dwelling houses, $500 worth saw mill timber, 11-2 miles from Pope’s store, 4 1-2 from Ochlock- nee, 10 miles from Cairo. For Will be glad to show the forms at any time. Call on or write to Wight & Weathers, Cairo, Ga. i 0£Bg8 in Coart Hcuss,. TO THE PUBLIC! IlAVING recently bought out the mercantile internet of K. * * Powell, I extend an invitation to my friends and the gen eral public to call and see me. It will be my purpose to cany a stock of GENERAL-:- MERCHANDISE. ALSO BUT COUNTRY PRODUCK, I am now making a special sale on “PANTS," having just received a new lot. Come soon, that you may be able to get a fit in number of selection. YOURS truly. C. E. Vanlandingham, CAIRO, GEORGIA. A. Pelham & Havana Railroad Company* TIME TABLE NO. 1. IN EFFECT: MONDAY, AUGUST 15, 1910. J. FRANK SIKES, Gen’l Supt. C- FELTON, President. - BETWEEN CAIRO AND CALVARY. Southbound. TIME TABLE NO. 1. I* Meet: Monday, August 15, 1910. STATIONS Northbound. lit CLASS Passenger 2nd CLASS Mixed 2nd CLASS Mixed 1st CLASS Passenger 3 I 2 4 Sunday Only Exeept Sunday Except Sunday Sunday Only A. M. A. M. A. M. A. M. 7 00 7 00 Lv Cairo Ar 1 10 10 10 10 7 15 7 16 9 95 9 56 7 35 7 *5 Cranford 9 35 9 36 7 55 7 55 Reno 9 15 9 15 8 20 8 20 Ar Calvary Lv 8 90 8 50 ) ...CITY PRESSING CLUB... i % ROY W. PONDER, Proprietor. | W E clean and press your clothes for $1.00 per month. Extra work done on short notice. We Clean, Block and Reband Straw Hats for B0c to 75c. LADIES’ SKIRTS CLEANED and PRESSED, - 75 to 50c. GIVE US A TRIAL If you are pleased tell your friends; if not tell us. CO Ul s i