Newspaper Page Text
$hq gerald and Ytkcrtiscr.
Newnan, Ga., Friday, Nov. 18, 1887.
WEEKLY CIRCULATION, 1,760.
JAS. K. BROWN. Editor.
What the Advance in Cotton Means.
The recent flurry in cotton caused
general surprise throughout the coun
try, and outside the principal cotton
marts the causes that produced it are
not yet understood. An intelligent
comprehension of the situation at this
juncture is scarcely possible; but by
contrasting the present condition of
the crop with the encouraging pros
pects at t he opening of the season one
can obtain a tolerably correct idea, at
least, of the causes that led to last
week’s excitement. On the 20th ol
September, Latham, Alexander & Co.,
of New York, issued their annual cir
cular reviewing the cotton movement
and fluctuations for 188(5-7, in which
they estimated the forthcoming crop
at about 6,500,000 bales. Up to that
date it was generally believed that the
crop would exceed (5,750,000 bales. Al
though the cotton movement was un
usually heavy during the months of
September and October, subsequent
discouraging advices forced the un
willing conviction t hat the above esti- and also durin
mate was not justified by the actual
condition of the crop, and the lact was
too apparent for concealment. Hence,
when the Cotton World of November
nth reduced this estimate to <>,-
225,258 bales, followed five days
later i>y the National Agricultural Bu
reau with a proportionately reduced
the Constitution, to-wit: Total loss of
sight, 8100; loss of one eye, $15; for to
tal or partial loss of hearing, disabling
party from ordinary pursuits, $12; loss
of leg above the knee, $35; loss of leg
below the knee, $25; loss of arm above
the elbow, $30; for loss of arm below
the elbow, $20; permanent injury from
wounds, rendering leg or arm sub
stantially and essentially useless, $2 ; >;
permanent injury to any part of the
body, rendering party permanently and
practically incompetent for t he per
formance of ordinary nianual avocation,
Applicants are required to make affi
davits stating company, regiment and
brigade serving in when loss or injury
occurred, and setting forth all the at
tending facts and circumstances. Up
on the filing of the affidavit and certifi
cates required, the Governor draws his
warrant annually in favor of the appli
cant for the sum he is entitled to. 1 ar-
ties that have heretofore received com
pensation from the State shall not par
ticipate in the provisions of this act un
til the expiration of the time for which
compensation has been paid has ex
pired, which will be September 26th,
1889. Parties who have heretofore made
proof of their injuries will only be re
quired to submit proof of continued
citizenship.
A LARGE STOCK IN,
AND
Revenue Statistics.
Hon. Joseph S. Miller, Commissioner
of Internal Revenue, submitted his an
nual report to the Secretary of the
Treasury last w r eek. It gives a full and
NEW GOODS ARRIVING CONSTANTLY!
150 BARRELS FLOUR, NEW Crop,
Just received, direct from the mills—all made from wheat of
this year's crop We have all the different grades. Buy from
us and save wholesale groeers' profit. We get .t at the m.lls
and upon precisely the same terms that the Atlanta merchant
do. Get our prices and then try a sample of our Flour. Proof
of the pudding is chewing the bag.
PRICES LOW, AND GOING LOWER!
O-
Thc best time to buy goods is when you have an opportuni-
ietailed statement of the operations of ty to get them cheap, and the only safe assurance that
the service durin" the lust fiscal year,
you
estimate, as compared with previous
reports, the price of the staple jumped
at once from 8Jc. to 94e.@9fc. When
the flurry subsided there was a slight
decline, but the demand is yet strong
and there is every likelihood that prices
will go even higher that 9£c. before the
end of the year.
Large consideration is given to the
(Jot ton World's estimate, from the fact
that it is the recognized medium of the
National Cotton Exchange, and from
the further fact t hat for three successive
seasons its estimates have varied less
than 29,000 bales from the actual out
turn at the end of each season.
In reviewing the situation the New
Orleans Picayune says:
The true significance of these short
crop estimates will be readily seen
when it is remembered that the. most
eminent cotton statistician had been
estimating, previous to the report of the
Cotton World, that a crop of 6,700,000
bales of American cotton would be nec
essary to meet actual consumptive re
quirements. It must also be remem
bered that the Indian crop will not
the first quarter of the
present fiscal year. The total receipts
from all sources of internal re\enue f<>i
fiscal year ended June 30, 1SS7,
§118,S29,525, as compared with
the
were
supply a larger surplus this year, and
,gyi
over the usual average, lienee, an Am
erican crop of only six and a quarter
million bales must necessarily mean a
deficit in supplies unless prices advance
sufficient to regulate consumption.
The recent advance shows that the op
erators m Oil the principal markets are
keenly alive to these facts, and the first
sudden jump in quotations.is, likely to
be followed by further advances when
the situation becomes more thoroughly
understood.
The small, effects on prices of the'
heavy receipts of cotton hitherto
proves that the position was a strong
one anvhow. The advance in price at
this early date will prove of incalcu
lable benefit to our planters as well as
highly conducive to the material pros
perity of the South generally. An ad
vance of le. per pound is equivalent to
a gain of §5 per bale; and as probably.
4,090,000 bales are. still in producers’
hands, the recent advance means a
gain of $20,000,000 to Southern holders.
All other Southern crops have been
large this season and have brought
good prices; hence the profit from cot
ton is likely to make times more pros
perous in the South than have been ex
perienced in many years. New Or
leans, the metropolis, is already reap
ing the benefits of this condition of af
fairs. All lines of business are improv
ing: sugar and rice, which divide the
honors with cotton as our staple article
of merchandise, are selling rapidly at
materially higher prices than last year.
That these facts are being appreciated
by capitalists is evident, from the sud
den reaction at the Stock Exchange.
8116 902,869 for the year 1886; $112,421,-
121 for the year 1885; $121,590,039 for
the year 1S84; $144,353,344 for tin* jeai
1883; and $146,523,273 for the year 1882.
It is estimated that $120,000,000 will
be collected from the various sources
of internal revenue during the cunent
fiscal year, provided no changes are
made in the rates of taxation now im
posed by the internal revenue laws.
The total cost of collection for the
past fiscal year, including salaries of
officers, etc., was $4,065,149, being about
3.4 per cent, of the amount collected.
The cost during the previous fiscal
year was about 3.6 per cent on the col
lections. The estimated expenses for
the next fiscal year amount to $4,125,-
280.
And yet there are professed political
economists wlio would put whiskey, to
bacco and oleomargarine on the free
list and maintain indefinitely the pres
ent outrageous tariff on sugar, rice, and
other important commodities. Have
the whiskey guzzlers, tobacco con
sumers and bull butter manipulators
any peculiar rights that, they should
be thus favored, while the people are
c impelled to pay two prices for many
of the actual necessaries of life i
BUY OUR $3 MEN’S CALF SHOE!
It is the best Shoe you can get, and does the service of a
five-dollar article. Manufacturers’ guarantee with every pair
sold.
are getting them cheap is when you buy from those who deal
exclusively with manufacturers. We deal only with the lar
gest manufacturers, importers and jobbers, and possess ad
vantages that can only be appreciated by those who take the ! YVU1LI1 U1
trouble to compare our prices with the prices charged by oth- for the p a ]j
er dealers. We' say this in no spirit of boastfulness, but sim- <• ”
ply to let the people know that we have firms in Newnan
that enjoy precisely the same facilities for buying that the
Atlanta merchants do, and the fact that our expenses are
from twenty to thirty per cent, less is too apparent to require
mention here. i
In addition to a heavy line of GROCERIES, we have
now in store a choice stock of DRV GOODS, CLO 1 H-
ING, BOOTS, SHOES, etc., including everything kept in a
strictly first-class establishment. Our “Bay State Shoe” con
tinues to lead the town, in style, finish and general superiori
ty. Our stock of Clothing is complete and handsome, and
comprises all the late styles, figures and shades.
In fact, we have everything, and are determined not to be
undersold. Suppose you come and see for yourselves. We
should be glad to have you call around anyway, even if
do not wish to buy. Seats free; no charge for looking.
000
Ex-STATK TiIEASURER \ IX(15NT, of
Alabama, defaulted and fled the State
in January, 1883! He was captured in
March of this year. lie was tried and
convicted on two indictments for em
bezzlement in July. He was arraigned
last Saturday morning on the third in
dictment and made no defense, when
the jury was instructed, if they be
lieved the evidence, to bring in a verdict
of guilty, which they did, and the
Judge sentenced him to five years in
the penitentiary. The State’s attor
ney announced that this made an ag
gregate of fifteen years, which was
deemed sufficient punishment, in
which the Court concurred, and they
dismissed the remaining thirty-six
cases. This ends the matter, as the
appeals from the former convictions
will be dismissed.
Worth of MENS’ AND BOYS’ CLOTHING just received
for the Fall and Winter trade, comprising the largest and most
carefully selected stock of Ready-Made Clothing in this mar
ket. which we-propose to sell at prices that cannot be duplica
ted this side of Atlanta. We’ve got ’em—all sizes, qualities,
and styles—and they must be sold.
100 BOXES TOBACCO
you
HARDAWAY & HUNTER.
Were bought by us just a short while before the recent ad
vance, by which we can save to our customers from 15 to 30
per cent., on this lot alone. It is a prime lot of Tobacco, and
would be a bargain even at the prices that now rule.
THE PLACE TO GET THE MOST GOODS
FOR
CAR-LOAD BAGGING AND TIES
Received this week, and more on
both constantly in
stock during
the road,
th
Best
e season.
grades
of
ARNALL & FARMER.
For Maimed Confederate Veterans.
An Act was passed by the Legisla
ture at its late session to carry into ef
fect the lfet clause of article 7. section 1.
paragraph 1, of the Constitution, and
the amendments thereto, so as to allow
maimed Confederate veterans to draw
the amounts to which they are entitled
under the - law, annually, instead of
once in three years as heretofore al
lowed. the yearly payments to ho so
pro rated as not to exceed in the aggre
gate the sum or sums originally appro
priated for this purpose. The Act also
includes such maimed Confederates as
received permanent injuries without
suffering the loss of the injured mem
bers by amputation, but whi h were
nevertheless rendered useless by rea
son of such injury.
Judge W. II. Persons lias' been pro
vided with the necessary blanks fertile
use of those desiring to make applica
tion, which can be obtained by calling
at his office.
We print below a brief synopsis of
the Act, as amended:
Any one who enlisted i th - rvi
of the Confederate States, or of this
citizen of Georgia
Their Grandparents.
Griffin Sun.
The grandparents of Mr. and Mrs.
Edgar P. Johnston, who were married
last week, are probably four of the
longest lived people in Georgia, who
are connected by similar ties. 1 he
grandfather of Mr. Johnston, Mr. Hugh
G. Jolmstou. of Palmetto, is now m
the 96th vearof his age, while his wife is
94 The grandfather of Mrs. Johnston,
Mr. A. P. Powell, of Telfair county, is
now S4 years of age, while liis wife is
79 The aggregate of these four peo
ple is 353 years, and all of them are re-
markably hale and hearty, and move
about with more ease than the majori
ty of people much their junior. The
young couple who lmve just united
their lives came from a long lived race,
and we wish them no better fortune,
than that thev may enjoy the long life
accorded their ancestors, and that at
the end it may be as honorable and
pure as their grandparents now is.
THE LEAST MONEY armed and equipped
FOR THE
IS AT
J. R. HERRING’S!
FALL AND WINTER TRADE!
bonehill.
He Makes tlie Same Impression Every
where.
Arcadia (La.) Advance, 11th inst.
The Rev. Doctor Stacy, of Newnan,
Ga., preached at the Presbyterian
church last Sunday, liis discourse was
a most able one, and^ every one ielt
better for having heard him.
I lay down the broad proposition that I can sell, and am
actually selling, goods cheaper than any house in town, and
am prepared to sustain this proposition with irrefragable proof.
Observe the following, as a starter
Will sell all-wool Jeans for 30c. per yard.
Ten cents is all I ask for the best Dress Gingham.
Dress Checks at 7 1-2 cents.
There is no such bargain in town as my 50c. reinforced lin
en bosom Shirt.
My stock of Gent’s Furnishing Goods can’t be beat, either
for style or selectness.
CLOTHING.
I am somewhat overstocked on Clothing and am determin
ed to unload. Am now selling good, stylish suits 15 per cent,
lower than any house in town. It looks ruinous, but time
flies, and I don’t propose to let the season fly away and leave
me with piles and piles of winter clothing on hand. Not if I
can help it. Overcoats are going the same way.
SHOES.
I have the best assortment of Mens, Ladies and Cnikhen s
Shoes in town, both in fine and low giade>. L\ei) thing
down. Will sell a tip-top Shoe for $2.50 that has never, sold
for less than $2.75 heretofore. A splendid Brogan Shoe
for $1.15. Every pair of Frank A \\ eyldman s line Snoes
After the sermon we had the pleas- j so ld‘ U p 0n an absolute guarantee,
uro of meeting the Rev. Doit01 ■mu P . v r u.,; c ..]] clvmpc - - n n ei>v-
found in hima man who is fully alive! An attractive assortment Oi HdiS, all .L.pc. . SI/....
to the vital questions of the day. He j 1 - rp ~
and his good wife came out to the mar-; P*
rjage of their cousin. Miss Mattie In- I have t..~
SJafflS; this when you make up your mind to buy. It means a great
Thursday evening. .. ! deal.
The Doctor was much pleased with GROCERIES.
1U pi ,
I have the goods and are bound .0 sell them. Don t toigct
Breech-loading Shot-guns of
the best English, German and
American manufacture, at pri
ces ranging in price from $10
to $35."
Muzzle-loading Guns, for
men and boys, from $2 50 to
$10.
Winchester Repeating and other
Sporting Rifles.
Ammunition of all kinds. Loaded,
Shells, Powder, Shot, Caps, and hunt
ing equipments.
The finest and largest assortment of
Cutlery ever seen in Newnan. Pocket
Knives, over 150 patterns and styles.
Table Knives, plain steel and silver-
plated. Razors, Scissors, Spoons, in
all styles and prices.
Our stock embraces everything usu
ally found in a General Hardware
Store—agricultural implements, carri
age material, belting, grates, hollow-
ware, and house furnishing goods.
Tin-ware of home
Louisiana, and thinks there is no ex-
ciiS6 for squalid poverty in this beauti-
fill' land of ours. We regret very much
that he could not remain with us lon
ger. but a press of business called him
home. M 0 hope to see
in our midst again.
Am selling Flour lower than anybody. For^ the present I
can quote different grades as follow?: Good, $4-5° P C1 IUi ‘
manufacture-
“Simril brand”—at wholesale and re-*
tail. Job work in tin and sheet-iron,
done at short notice.
Large, commodious store-room west
side of Public Square.
Good goods at reasonable prices, and satisfaction guaran
teed. Come to see us. It will pay vou to buy goods of us,
first, last and all the time.
T. E. FELL & CO.
raid^Fiear ISn; rel; Fine, $5.00; Better, $5.5°; Lest, $6.00. in met. , :ni\e
everything in the Grocery hue. and am selling at ■ • l »t-
Fliut circuit, Ex- tom prices.
JOHN' W. HUG 1 IKS.
FRKD I
lute, who was a citizen <6 Georgia e.u
October 26, 1886. who lost a limb or \ s .Judge of the - -— . . ,
mbs while engage* in said service, Govern James S. Boynton is winning T nTY1 nn f trvirnr to excite voiir' crnositv, mere :v : am
nd'by-Teas wh T 0 klen opinions. Heisoneo themost 1 am not trying u excite .
lay have r> , iv-d wounds \vhieh af-j efficient and popular 01 the jum- jous to do VOU good.
rward caut limbs, j cial officers of Georgia. . s G< r » that pondereth these facts wii surely be profited.
anx-
>r u
a loss or , . % ^
, nmv ' -Judge Boynton was 1 id true
ured while in said service, and " - l>o j to hishigfi trust. As Judge he is equally
nay be a bona fi.de citizen the time faithful and true. He is ajaan. or fine
>1 making mq : ii-"i f r .<* benefits sense, of excellent 1 ga! attainments
ierein lirov- •! - r. A 1- e,,: led of incorruptu6 r. Vv n ■ y>>i
6 receive 01 - , tut these thre< pi m tog th u
leuaiion tor ill.- jmrpo-vs ■ xyro.'Sed j have a model Judge. .Vac on te
ll article 7, '- ction I. panigrapo 1, of .yrcfph.
me.
J. R. HERRING.
Salesmen—W. T. Darnel ana L. II- Hill.
HUGHES
HA
O
LAW,
r TE R s
GENTS’
VALISES
PEACHTREE STREET,
AND
FURNISHERS!
UMBRELLAS, ETC. ,
- - - ATLANTA. GA.
-
1