The herald and advertiser. (Newnan, Ga.) 1887-1909, November 18, 1887, Image 4

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$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