The Atlanta constitution. (Atlanta, Ga.) 1885-19??, August 31, 1903, Page 11, Image 11

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OLD WOULD WOULD ' GROW COTTON. present High Price of South’s Sta ple Has Accelerated the Move ment for the Development of Cotton Growing in Other Countries. Washington. August 28.—(Special.) lhe controversy between Secretary of Agri culture Wilson and former Senator M. C. Butler, of South Carolina, as to whether the. cotton planters of the south will be benefited by the high prices of cotton forced by the present corner in that commodity, suggests the question aS to whether the ultimate result of the present corner may not be disadvanta geous to the American cotton planters regardless of whether they receive higher prices for this year's cotton. Secretary Wilson in his interview called attention to the efforts being made by Kuropean governments and by cotton manufacturers in England and on the continent to encourage the growing of rotton outside of the United States. It has been apparent for some months past to readers of trade papers and of con sular reports that this movement for the development of cotton production in other countries has been accelerated by the operations of the bull clique in the American market to a greater extent even than would be indicated by Sec retary Wilson’s interview. It would seem that the secretary had underestimated rather than overestimated the extent of the movement. For some months past consular reports from Europe and from almost every country in the world where it is practica ble to grow cotton have contained evi dences of this general effort to increase the cotton producing area of the wort, and to relieve manufacturers of present dependence upon the United States. Reports from the Latin-Amei i can countries indicate a growing interest in the cultivation of cotton all the way from the Rio Grande river down to Para guay and Uruguay, and in India and other parts of Asia and in Africa the areas devoted to cotton growipg are being steadily increased. The comple tion of the great irrigation work m the Nile valley will be followed by a great Increase in the area devoted to cotton production in Egypt, and every European power having colonial possessions m Africa is interesting itself in experiments looking to the establishment of the cot ton growing industry in its colonics. 1 his movement was already under way before the development of the present coiner !r the American market, but there are evidences that it has been greatly accel erated by the operations of the bull clique. Associations Formed. The high price of cotton has led to the work of the European colonial officers being heartily seconded by the manufac turing interests of their countries. Cot ton growers’ associations have been formed In Great Britain, France and Germany for developing new fields of cotton production, and an Illustration of what they' are accomplishing was afford ed by a mass meeting of the British as sociation in Liverpool last week, at which It was reported that in West Africa there j are already 30,000 acres of land under . cotton and encouraging reports were made as to the future possibilities ii that region with land costing practically nothing, with labor at from 9 pence to a shilling a day, and with free transporta tion of cotton freight on the colonial rail ways and on the steamship lines which has been granted for the purpose of en couraging the industry. The attention that has been given by United States consuls to this movement for the emancipation of European cotton manufacturers from the American market is remarkable in view of the fact that no special instructions were sent to them calling for reports <>n the subject. Consul General Evans at London reports on the efforts of the British association to in crease the cotton production of the Brit ish West Indic.- and of the British colo- ! nies in Africa, Consul Marshall Hal stead at Birmingham forwards informa tion covering the time ground, and Con sul Estes at Antigua sends a report on the encouragement of cotton planting in the British W* st Indies. Consul General Hughes at Coburg and Consul Hynes at Hoven send reports on the efforts of Ifuropeau countrb s, es pecially France. to . ’el .p cotton pro duction in their c< t elab- orate report on t -abject from France is submitted by Consul Tli.i I’k.ira. who gives in great d- t. I an account of the work 1 Cotonnier** Colonial- to develop th* cul tivation of cotton In the French African colonies. Germany and Cotton. No country is going into the encourage ment o more energetically than Germany. Con sul Monaghan at Chemltz submitted a report as long ago as last December call ing attention to the progress being made ' In the German East African colonies, i and especially to the good results at- : tribute.! to the skill of the American plan ters whom the Gorman government i engaged to go to East Africa to instruct the natives in the proper methods of I cultivating cotton. A recent report from Consul G- n. ral Hughes • : Coburg tells of the r suits obtained In the Kilwa district of German East Africa. Ue says tna.t cotton I-., t from ibis district and tested at Hie Bremen cotton ex change am. cy the union of Saxon cotton spmncrs .it Chemnitz showed that n was noar.y as goon in -tuple, color, etc.. , ls the .highly-vahj. t Egyptian product, from eeeas of Wm.*h it was grown. He re ports mat the Manchester chamber of commerce declares that it is riff /vews An IHustr.ued Magazine <’t travel and Education MORE THAN 100 PAGES MONTHLY. Its scope and character are indicated bv the follow t peared In re -nt i sues: Footprints . : Columbus Ju Spain—liluMr’d Frederick A. Ober. A Wat oil with a History- Illustrated, N, S Olds. A .Tourney Among the Stars—4 Hu.st rated Frank W Mack. In the Great North Woods-Poem, Eb'-n j; Rexford. Where Pilgrim an.! Puritan Met—lllustrated, Hezekiah Futh-i i: h. *ln Rip Van Winkle’s Land—Poem, Minna Nature’s Chronometer—lllustrated, H. M. AJbaug-t. Abandoned Farms -Illustrated, Howard W C ggeehall The Thr« ” Orercms—lllustratM, AJfn 1 Hol- Ancient Prophecies Fulfilled -Illustrat ’d, George Jf. Daniels. The St'-ries •>.-■ T-.kms THI Illustrated, Lu ther L. Jbdden. A Litt> Country f’.uisin -Illustrr.tvd. Kath leen L. Greig. The Nazarov-lllustra:- I. Will G. Sx-eL When Mot h-T <;» - Aw-iy -.h,-. -c .n- A Little Bit <-f Holland-IllustW-’d,- B. Weil.-. The Romance of R« ality- lllustrat- d, Ja he W. Guthrie. The War E.igh*-Illustrated, Ma-y L. Austin. Under Mexican Ski-s Illustrated, Afarvin B. Fenwick. Niagara in Winter 11l list rat'd, Orrin E. Dunlap. Little Histories- Illustrat'd: Old Fort Putnam, William J Lampton. <'barter Oak < hair, B<’.-si*- H. Dean. Th* 1 Confederate White. Holte* 1 , Herbert Brooks. SINGLE COPIES 5 CEXTR. or 50 CENTS A YEAR. Can be had of newsdealers, nr by addressing GEORGE H. DANIELS, Publisher. Room 201, 7 East 42-i Street, New York. GEORGIA’S FRANCHISE TAX AND NORTH CAROLINA LAW Good. Results North Carolina Gets Under New Franchise \ Tax Law. Raleigh, N. C., August 26.—(Special.)— The corporation commission was estab lished as the railroad commission by an act of the legislature of 1891, and began i its duties April 1 of that year. The original act was very like that of Geor gia, and Chairman James W. Wilson vis ited the latter .state and made a study of the rules of procedure and other work ings of its commission. Many sections of the interstate commerce law were also copied in the North Carolina act. In 1890 the railroad property in this state was assessed at $12,331,709. The com mission increased this the very first year to $18,432,298. The assessments up to this year have been only upon the tangible property. The legislature this year re quired the commission to separate them and assess or appraise the intangible values of franchises as well as the tangi ble. The commission was urged in some quarters to fix this assessment on a 6 per cent basis, which would have made the total $92,01’0,000. Those who wished, to force this action declared that the act gave the commission no discretion and that, in fact, a cast iron rule was an impossibility. The chief Interest in this year’s assessment was as to the figures fixed for the great railroad systems. Here are the figures arrived at: The Three Big Systems. Atlantic Coast Line, 918 miles, valua-. tion $24,454,014, being an increase of $lO,- 475,574 over the 1902 assessment. The val uation per mile is $25,800. Last year it was $14,733, the total assessed valuation thin being $13,978,440. The taxes for 1902 aggregated $185,710, or $196 per mile, and this year arc about $320,000, or $336 per mile. Seaboard Air Line, 612 miles, valuation $12,500,000, being an Increase of $3, <87,272 over the 1902 assessment. The valuation per mile is $20,420D Last year it was $14.- 247, file total assessed valuation then be ing $8,712,728. The taxes for 190’2 aggre gated $89,595, or $147 per mile /and this year are about $149,000; or $243 per mile. Southern railway, 1.279 miles, valuation $26,300,589, being an increase of $10,471,912 over the 1902 assessment. The vuluaton per mile is $20,710. Last year it was $12,- 333, tin- total assessed valuation being then $15,505,967. The taxes for 1902 aggregated $231,587, or SIBO per mile, and this year are about $385,000. or $312 per mile. The miscellaneous roads aggregated 995 miles and are assessed at $6,757,745. being an increase of $2,647,341 over the 1902 as sessment. The valuation per mile 1-s $6,793. Last year it was $4,9117, the total assessed valuation then being $4,173,939. The taxes for 1902 aggregated $40,370, or S4B per mile, and this year are about $67,- 000. or SB4 per mile. The Total Mileage. The total mileage of all roads Is 3.834, valuation $70,012,348, average per mile $18,259. Last year there were 3,679 miles, valuation $42,670,075; average value per mile $11,596, average tax per mile $l4B, to tal taxes $547,262. The valuations, it will be observed, are in the aggregate, that is,, to cover both tangible and intangible properties. The law requires the commission to arrive at the true valuation of both tang'ftle and intangible properties and then add these together, giving the total value, hence there is no separation in the statement as out. Tlie commissioners feel very sure that they have arrived closely at the total value of the property and the franchise. Railway companies In this state do not report their estimates of the values of in tangible properties, but the commission itself arrives at and fixes this value, lhe three gieat systems tiled exceptions to the assessments, and so did the Norfolk ■and Western, but these were overruled, and the assessments were, on the 18th Instant, certified to the state auditor, in order that the taxes might be collected by the state treasurer and the various counties and towns. There are no signs of any legal steps to block the col eetlon of the taxes. In the exceptions hied by the Norfolk and Western railway tt was claimed that the franchise is taxed tvsiee under the law; first, under the ad va.orem tax, and then under schedules B and .■ of the revenue act. to replace Egyptian cotton than any other quality known. Consul Schumann ,t Mainz has recently submitted a report on cotton culture in the German c*ilo- Xs in which he says that plantations h'lve been established in Togo, Kame run German southwest Africa, and Get , i.--. .. .\<rii-.L lit' also £3A s that A contempl ites the cul tvre of cotton in Asia Minor. *rbe ure'-eiit cotton corner may be or some benefit to the planters of the south ern states during the present season. It .it those a u are abl ■ to ■; et a part Os their crop into the marK-.t during the first few weeks of tne will profit bi the present high I'i‘ees In View however, of the evident determina tion Os European governments and man ufi'lurers to stimulate production in other parts of the world, and in view of the great impetus neeessttrily given to r -ueh a movement by the straits through which the European manufac turers are now passing it may well be questioned whether the ultimate effect i of the corner will not be detrimental to the American planter. NEGKOES FILLED DINING ROOM. Senator Bacon a.nd. Others Had To Go Hungry. While Booker Washington, of Tuske gee, Ala., and i party of some thirty, or ' forty negro men and women enjoyed a ■ hearty’ breakfast in the main dining room of the eating station at Hamlet, N. C., Sunday morning. Senator A. O. Bacon, J. el Hurl, ol Atlanta; Hon. T. J. Shack elford, of Clarke county, and many oth ers, among them several w*U known Georgians, walked around on the outside > and went hungry. Washington and his party occupied a chartered Fullman on the northbound train, which went into Hamlet on the S. .'.- board Air Line Sunday morning. Hamlet is a junction point where connections for various places are mad . It is aiso the eating station. When the morning tram arricio tnete Senator Bacon anil others lelt the car t.. t breakfast, but were surprised on r<a king the dining room to fill'! it *a copied by’ Washington and his par'y. bui pr:-e was follow* .1 . y indignation, and When the White passengers were invited to partake of breakfast in a small im provised dining room, said to have been the reading room of the eating house, all but one or two of th- m refused. GIFT TO WASHINGTON AND LEE. McCormick, Formerly of Chicago, Endows New Science Hall. Lexington, Ky . August 28.—Dr. George H. Denny, president of Washington and Lee university, who Ims just returned from a trip to < hicago, announces that the widow ami children of the late Cyrus 11. McCormick li iv<’ given a fund of $lO,- et)u to the university, lhe proceeds of 1 which are to maintain Hie new science hill. Prior to the death of Mr. McCormick he gave s2*>.-<' to ho university and af ter his death.by his will his trustees turn ed over to the university an additional $20,000. THE WKEKLY dONSTriUTIUJi: ATLANTA. GA.. MONDAY. AUGUST 31, 190a. Showing How Much Less Georgia Gets, Even if Assessments Stand. Since conditions as to property values and taxation in North Carolina are, in many respects, similar to those in Geor gia, a comparison of some of the results under tlie operation of the franchise tax law in that state and in Georgia will prove of special interest and value at this time. it will be readily apparent from the figures that oven in the event the as sessments on franchises made by Comp troller General Wright are not reduced by the boards of arbitration to which they have been referred, Georgia will tu ceivc less than two-thirds of the amount paid as taxes to the state of North Car olina. Take first the Atlantic Coast Line, which, on the new basis, pays to the slate of North Carolina $336 per mile. lhe tangible property of the Coast Line in Georgia lias been assessed by Comp troller General Wright .it $\251.4,1. and its franchise at $4,662,000, a total of $12,913.- 471. The- Coast Line’s mileage in Geor gia is 667 miles. With the state tax rate at 5 mills, should these assessments stand, the Coast Line will pay to the state nearly $65,000, or about $37 a mile. Tlie county tax will amount to about as much more, so that the total state and county tax to be paid by the Coast Line will bo about sl9l per mile, as compared with $336 paid by this same system in North Carolina. But it is by no means settled that these assessments will stand. They are now in the hands of arbitrators, who may reduce them considerably’, judging by experience in otlmr cases, 'lhe same statement is true as to the other rail roads, figures relative to which will be cited. So that it is far from certain that the state and counties will receive front the Coast Line as much as $196 per mile; or the amounts from other roads which the assessments would indicate. Two other railroads operate a large mileage both in North Carolina and in < ieorgia, the Seaboard Air Line and the Southern railway. The mileage of the Seaboard in Geor gia is 644 Its franchise has been assessed by the comptroller general at $3,997,991. Its tangible property has been returned at $7,664,696. and this return has been ac cepted by the comptroller general. This makes a total for botli tangible and in tangible property of $11,642,687. This will yield to the state at 5 mills something less than $60,000, or about $93 per mile. Allowing double this amount for state and county taxes, it gives a total of $lB6 per mile, as compared to $-13 paid in North Carolina. The Southern railway operates 917 miles in Georgia. Its physical property has been assessed at $10,395,127, and its fran chise at $6,581,297. making a total of $16,- 976,424. This will yield to the state at 5 mills a little less than $85,000. or about $92 per mile. If this amount be doubled for the state and county tax to be paid, it will make $lB4 per mile, as com pared with the $312 paid in North Caro lina. It should be stated that the county tax rates average about tlie same as the state tax rate, or about 5 mills. In other words, the state and county tax ratg combined averages about 1 per cent. The total taxable railroad mileage in Georgia is 5,437.1 miles, and the ag gregate value, of this mileage according to lhe returns made to the state in 1902, was $55,212,573. That included only the tangible property, the franchise tax law not being then in operation. The as ' ssments of franchises made by Comptroller General Wright this year .imount, in total, to about $25,000,000, and the increase in the ta. gible property re turns has been very slight, so that if the comptroller general’s assessments stand, th.- total valuation of the railroad mileage in Georgia, for tangible and In tangible property, will be a little more than $80,000,000, o r about $14,700 per mile, J:- against $10,154 per mile last year Thus it will be seen that the railroads In Georgia, even in the event, no changes are made in the assessments of the comptroller general, which Is not consid ered likely, all the railroads of Geor gia will pay an average of only $147 per mile, state and county taxes. Irtst year the average was about SW7 P er mile, so that, lhe increase from the franchise tax law to state and county will amount to about S4O per mile. While Georgia received in 1902 as state and county taxes an average of finly slo7 tier mile from all her railroads, it will bo interesting to note that the aver age for all the state of the country was $261 per mile. SILVER IN GREAT DEMAND. Price Reaches Highest Mark Since 1901. New York, August 27.—The sharp ad vance tn the price of bar silver in the London and New York markets in the past few weeks has carried it to the high est mark since November, 1901. Reports here of the large smelting interests say the rise is partly due to a heavy demand from India. It is believed there was re cently a considerable shbrt interest in the metal. Silver is a favorite article of speculation among London bullion deal- Tlie British government is reported buy ing silver. France is buying rather freely to supply a demand for coinage in th t French possessions in Asia. The posi tion of China is not clear at the moment beyond the fact that where China at the close of last year was unloading a large surplus of the metal, thus coming in competition with shipments from the wist, it has now ceased to be a seller. Tlie purchases of the United States gov ernment to the Philippine coinage has also been a factor. There's Nothing Like It. Tetterine is in a class by itself. It in stantly relieves the burning, itching sen sations that accompany skin diseases, such at Tetiter, Hing Worm. Eczema, et and permanently removes the cause of ‘■ceh diseases—kills the germs. A .uoling, s ■*.,thing, healing antiseptic ointment, e. sy to apply an*l delightful in effect. 50 cents buys a box at drug stores or post paid by mail from J. T. Shuptrine, Sa vannah, Ga. JUDGE WOOD ATTACKS DAVIS, Arkansas Governor and Supreme Court Justice in Altercation. TJttle Rock, Ark.. August 26.—Judge Carroll !-■ Wood, .if the Arkansas su preme court, who ir- opposing Governor Davis as a candidate for a third term, knocked Governor Davis off a speaking stand, 4 fe< t to the ground, during the campaign at Bismai k yesterday. Governor Dav:s was not hurt and friends prevented further trouble. ' Judge Wood was arrested on a charge of assault and battery. Governor Davis publiclv asked Judge Wood questions, and before they coiiid be fully answered interrupted with more questions, which so angered Judge Wood that he knocked Governor Davis from tlu platform. Later the matter was adjusted and Judge Wood returned to Little Rock to day. No Trouble with the Indians. Cass Lake, Minn.. August 28.—Major Scott acting Indian agent, who reached Walker today, wires that there has been no trouble with the Indians and that none 1 expected. Two or three vagabond In dians, one of whom was thrown into jail for selling liquors, have been rumbling and trying to make trouble, but tlie re mainder are attending to their pursuits as usual. MARKET QUOTATIONS Spot Cotton Prices. Galveston ’.Steady I2’X» Norfolk Steady ISVa Baltimore Nominal 13 Boston Steady 12.75 Wilmington ..Nominal Philedalphla.. .. Steady 13 Savannah Firm 12% New Orleans cjuiet 12*2 Mobile Nominal 12 Memphis Quiet 12 9-16 Augusta.. .. Steady 12’4 Charleston.. •• •• •• •• •Firm I2’i Cincinnati Steady 12 Louisville Firm St. Louis t . .. . Quiet I2’za Houston Sb-ady 12 New York Quiet 12.75 Reviaw of the New Orleans Market. New Orleans, August 29.—Spot, cotton oquiet and steady; sales 50 bales. Deliver ed on contract SCO. Quotations unchanged. in the future market bullish sentiment continues strong. At the opening prices were 7 to 10 points higher than at the close of yesterday. The market soon af ter the opening was well supplied with buying orders, and for a time trade, was very active, in the trailing of the morn ing'September advanced 17 points above the. close of yesterday to 11.36; October ad vanced 15 points to 10.37, and December advanced H points to 10.10. Later in the morning realizing became heavy, and there was also some short selling, prices proving 100 high for tho bearishly in clined. These operations caused prices to recede a few points, but tho market closed firm, the list showing net. gains of 15 points on September, October 14, November 10, December 10 and 8 to 9 on the other positions. Futures ranged as follows in New Or leans yesterday: . Open. High. Low. (’lose. August 12.30 12.30 12.30 12.30 September ....11.28 11.38 41.26 11.34-3a October 10.28 10.37 1ft.27 40.36-37 November ••••■ ••■■■ JO-W-lw® December .. ..10.04 10.10 10.03 40.09-10 January 10.05 1 o.l'- 10.04 4 0.11-L , ‘ 1 March . :: ..10.10 10.13 10.10 10.11-16 The Dry Goods Market. New York, August 29.—Despite the un favorable weather, buyers of ilry goods have shown increased disposition to op erate for immediate requirements. With reference to sellers, tiierc is an increased firmness on practically. all Hues, which are growing more diiHcui’. to obtain on schedule time. The scarcity of many qualities is becoming a mor? polcnt fac tor, and predictions are growing more numerous that it wLH be Increasingly dif ficult to obtain merchandise tn the next few weeks. World’s Visiole Supply of Cotton. New Orleans, August 29—Secretary Hes ter's statement of the world’s visibl* sup ply of cotton, mails up from special ca ble and telegraphic advices, compares the, figures of tins week with last week, last year and the year before. It shows a decrease lor the week just Closed of 144,533 bales, against a decrease of 88,969 last year and a d*'.ryase of 174,- 652 year before last. The total visible is 1,180,144. against. 1.- 324.677 last week. 1,343,354 last rear and 1,- 548,626 year before last. Os this the total of American cotton is .500,144, against :>SO,- 677 last week. 797.354 last year and 922,- 626 year before last, and of all other kinds, including Egypt, Brazil, India, etc., 680.000, against 744,0tX) last weik. 51b,000 last year and 626,000 year before lust. The total visible supply of cotton as above shows a decrease compared with last week of 144,533 bales, a decrease com pared with last year 0L.463.210, and a de crease compared with year before last of 368,482. Os lhe world’s visible supply of cotton as above there is. now afipat and held in Great Britain and eontinental Europe 588,- 000, against 787,000 iast year and 766,000 year before last; in Egypt. 11,000. against 18,0rw last year and 63,000 year before last, hi India. 405,000, against 331.000 last year ami 349.000 year tigfore la and in the United states, 176,tw0, against 207,000 last year, and 271,000 _ year jipforg last. Liverpool Weekly Cotton Statistics. Liverpool, August 29.—Following are the weekly cotton statistics: Total sales of all kinds, 33,000; total sales American, 21,000; English spinners’ takings. 31,000; total export, 23,000; import of all kinds. 8,000; import Ameri-an. 2.000; stool of all kinds, 2-1-1.OO*!: stock American, 160,000; quantity afloat all kinds, 21,000; quantity afloat American, 10,000; total sales on speculation, 1,100; total sales to exporters. 2.800. Comment on the Bank Statement. New York. August 29—The New York Financier tills week says: "Tlie striking feature of the official statement of the New: York associated banks last week was the Increase of $5,166,600 in loans following a gain of $9,599,300 in tlie previous week, carrying this total within $27.* 97.200 of tlie highest of the vear and on record, iflte maximum being ?950,208,700 February 21 of tit • cur rent year. The increase last week was probabiy due to loans, to merchants through dire- t dis* ounis and also to some special operations. Tlie loans to stock commission houses must, it would seem, have been small, for tlie volume of trans actions of the stock exchange was ex tremely limite.l, and indeed, the general business at tills center was comparatively light, as was indicated by the low daily average of sli:.e<»i'ir»* clearings, against $184,000,W0 in the previous week. The clear ings reported on Saturday reflecting Fri day's business were only '12.951. There was no notable changes in loans by indi vidual banks, as wa. the ease in tho previous we* k, when tlie Increase was largely accounted for by the operations of a single institution, as was then stat ed in our analysis of the bank return. Tlie cash r* serve increased $1,205,100 last week, which was $1.253,2')0 less than that v’hlch was estimated from the traceable movements of money since tills discrep ancy was mostly (lite to unrecorded with drawals. The deposits increased $6,341,900, and ns the amount called for by the sum of tlie augmented loans and of the gain in cash was only $29,80*) greater than the increase in deposits there was a remarka bly good balance. Tho reserve- require ments w’ere augment*?: $1,585,475 through the increase in deposits. On deducting from this sum the increase in cash leaves $380,375 as the decrease in surplus re serve to $2.1,677,925. Computed upon the basis of deposits, less tli-jr ■ of 337,2X1.8(10 of public funds, the surplus is $29,998,375. The loans of the banks are now $2,987,- 600 in excess of the tfeposits, against $4.- 162.900 in tlie previous week and $5,010,300 in the w’eek ending August 15. Compari sons of changes in Lians indicate that four of the larger banks increased this item by $5,200,000 net. or about equal to DOUBLE YOUR INCOME OUR BOOK TELLS YOU HOW Write at once for free booklet, on best methods of dealing on tlie Grain Mar ket. Valuaide information without cost to* you. Our whole time and attention given to grain. Reliable advice mailed daily. Buy D e c,e rn be r wheat before the, ad vance takes place. If Buy you invest SIOO. on a , December 2c margin, every ,ad- Wheat v.inec' of 2c niakes $10(1 ■ , profit-. The short crop small visible supply, demand for export mid bad condition of European crops are bound 4° bring higher prices. Buy at once and double your money withi'h tire next two weeks'. DOLLAR WHEAT in sight. Chichgo is the grain center of the world ami wo can execute orders in stantaneously. Deals closed and remit tances forwarded same day instructed. $20.60 buys 1.000 bu. $40.00 buys 2.000, bu. $60.00 buys 3,000 bu. SIOO buys 5.000 bu. Send in your order promptly. Western Grain Commission Co. Incorporated 145 Van Buren st.. - Chicago, 111. SUITE 115. the increase shown by all the banks. Three of these institutions gained $2,500,- 000 net in cash.” New* r York, August 29—The statement of the’average clearing house banks of this city this week shows the foliow'lng changes: Loans $923,111,500. .Tne. .$5,166,600 Deposits 920.123,900 Inc.. 6,341,000 Circulation 43,081,400. .Inc.. 49,600 Legal tenders ... 75,711,000..1nc.. 386,400 Specie 175.997,900.. inc.. 818,700 Reserve 250,i08 1 ‘.f>, .Inc.. 1.205,100 Reserve required 230.030.975.. I no.. 1,585,475 Surplus .. ~ .. 20,667.920.. Dec. 380,375 Ex U: S: Dcp .. .. 29,998,375,.Dec. 377,675 The Treasury Statement. Washington, August 29—Today’s treas ury balances, exclusive of the gold re serve, show: Available cash balances, $231,744,333; gold, $102,341,134. Provisions. Atlanta, August 29.—Regular rib sides, boxed, 7.95; half ribs 8.00; bellies, 20-lb. average 8.75. Star hams 14 l-2e. Banquet hams 13 1-4; California hams 8 3-4; Simon pure kettle rendered leaf lard 9 5-8; Shield brand leaf lard 8 7-8; white cloud com pound 7 l-4c. Groceries. Atlanta, August 29—Coffee, per 100 pounds. Arbuckle’s $10.30; Lion $9.80; Cordova. $10.05; Blue Ribbon, 9 1-2; green coffee, choice. xOc; fair, 8c; prime, 6c. Su gar. standard granulated 5.35. Sirup, New Orleans open kettle, 53.00@4.65; mix ed, choice 20@28c; south Georgia cane, 35c. Sait, dairy sacks, $1.30@-1.40; barrel, bulk, $2.50; ice cream, $1.00; common, 55@60c. Cheese, fancy, full cream, twins. It 3-4 c; singles, 15c. Matches, 15. 45 3-44155; 300 s, $1.50@1.75. Soda, Arm and Hammer, $1.75. Crackers, soda, 6c; cream. 7c; ginger snaps, 6 l-4c. Pie peaches $1.75; table peaches, $2.75@3. Canned tomatoesc, $1,600 Canned corn, $2. Best mince meat, 10c. lii.; choice, 7c lb. Oysters, F. W. $1.75; L. W., $1.20. Fancy head rice 7c; head rice 6c. White fish. 60-lb. keg, $2.90; white, fish. 100-11). kegs. $4.40; mullet fish. 80-lb. kegs, $1.50; macaroni. 7c lb.: pork sau sage. 8 l-2c. 11). Sardines, oil, case $3.75; • sardines, mustard, $3.50; salmon, case, $3.50@5.50. Pepper sauce, dozen, 60c; cat sup, pints, dozen, 85c; mustard, dozen, 90c. Pickles, 15-gallon 600 s, $5.50. Floar. Grain and Meal. Atlanta, August 29.—Flour: Diamond patent, $5.25; fancy patent, $4.60; straights $4.35; extra fancy. $3.60: fancy, $3.30; first patent spring wheat, $4.75. Corn, choice w hite, 75c; No. 2 white, 74c; No. 2 mixed, 72c, Oats, white clipped, 52c; No. 2 white 50e; No. 2 mixed 48c. Bran. $1.15. Brown shorts. $1.20; white shorts, $1.40. Victor food, $1.35 per 100 pounds. Quaker food, $1.25. Hay, choice large bale $1.10; No. 1 small. $!.00; No. 2 small. 90c. Plain corn meal, 7!c; l>olted, 68c. Pearl grits $1.60. Coffee and Sugar. New York, August 29.—Coffee futures opened quiet and unchanged and closed firm not unchanged to 5 points lower; sales 5,000 bags; September 4.75; May 4.70. Coffee, spot Rio quiet; No. 7 Invoice 5 1-8; mild quiet; Cordova 7®U. Sugar, raw firm; fair relining 5 3-8; cen trifugal 96-test 3 7-8; molasses sugar 3 1-8. Refined firm; No. G 4.60; .No. 7 1.55; No. 8 4.50: No. 9 4.45; No. 10 -1.40; No. 11 4.35; No. 12 4.30; No. 13 4.25; No. 14 4.20; confec tioners’ A. 4.85; mold A. 4.25; cut loaf and crushed 5.60; powdered 5.10; granulated 5.00; cubes 5.25. New Orleans, August 29.—Sugar dull; open kettle centrifugal 3 l-B@3 1-2; cen trifugal white 4 7-16; yellow 3 13-16@4 14; seconds 2@3 38. Molasses, centrifugal dull at 54i18. Fruits and Confeciions. Atlanta, August 29,Oranges, $3.00*03.25. Lemons. " fancy $4.25@4.50; choice, $3.75 to $4.00. Bananas, per bunch, culls, 75c to sl.; straights $1.25 to $1.50. Nuts: Walnuts. No. 1 12 1-2; No. 2, la 1-3; almonds 13; pecan 9 1-2 to 10; Brazil 12<513; mixed nuts 12 l-2c. Peanuts. Virginia, 4 1-2 to 6c; Georgia, 4c. Cocoanuts, per 160, $2.75. Pineapples $1.75@2.25 crate. Dates, sCrt> boxes, 6@G%c; packa«ei, 7%0 ib. Figs 13 l-2<ollc. Citron 15c. Raisins xx $1.65 per box; xxx $1.85 per box. Primer small 5Q6; large b®7 1-2. Candy, commas stick 6c lb; mixed 4 l-2c. Fruits and Vegetables. Atlanta. August 29.—Tomatoes: M.-ir kei glutted, prices low; peppers 75c and $1 per crate; egg plants, no demand; lettuce 75c to $1 per crate; beans 25 to 50 per crate; peas $1.25 to $1.50 per crate; celery $2.50 to S3.CO per crate. New Irish potatoes. No. 1. 75c to 85c fiusliel; per barrel. No. Is $1.75 412.00. No. 2s. no sale. Cantaloupes $1.5041 2.00 per •■rate. Cucumbers $1.15411.50 per crate. Watermelons, no sale; won’t bring freight. Georgia peaches—Elbertas, $2 to $2.50: clings, $1 bush* I. Cali fornia fruit—Bartlett pears $3*0'3.25 box; peaches, assorted varieties. $1.35*01.45; as sorted plums $1.854i52; assorted black grapes $2@2.50. Country Produce. Atlanta, August 29.—Eggs, fresh 19@20c. Country smoked bacon, ll@l’s4c; hams. 13@lcc. ' Butter, Georgia frosh table 18® 20c; Tennesse table 18®20c; Jersey, 184120 c. cooking flutter, 12 1-2 to 15c; conditions improving. Live poultry, hens 33 l-3@35c: fries, large, 25c to 27 l-2c: medium 18 to 20c; small 15 to 16c. Duckes, puddle, 200'22 l-2c; Pe king 27@30c. Dressed poultry, hens, 12 1-2(013 t,-2c per pound; fries 100 per pound; cocks S®loc pound; turkeys 12 1-24,14 c. (inions, new crop. 75 to 85c bu. Cabbage, Virginia 1 to 1 l-4e. Sweet potatoes, new crop, 75@85c per bushel. F>. .hlte, $1.2.0» u.i.; d*i iidy, $1.75 ■lrt.oo; stock sl.(>O@l.2S. Dried fruit, Geor gia apples oc It.; do peaches 4&5c. McCullough Eros.’ Fruit and Produce Letter. Atlanta, August 29. -Fruit and produce conditions are now looking up. The dull season through which we have just pass ed. and which is customary at this season oi the year, is being relegated to the tear, and the prospects for a heavy fall and winter traffic was never more flat tering. Conditions throughout this sec tion are of a very satisfactory nature; in fact, more so than for several seasons preceding. The movement of western stuff to this section will be on in earnest during the next three weeks, the southern crops of vegetables, fruit, etc., ha ling been practically exhausted. The apple yield throughout the apple growing sections of tho east and west, from the latest ami best reports, will b ■ heavy ami quality tlie very best, which will result in such prices as will au thorize a liberal and general consumption. Receipts of Irish potatoes have been liberal for more than ten days, though not excessive, therefore a satisfactory range of prices is being maintained. Sweet potatoes are in liberal supply, with prices showing a downward ten dency. The excessive heat is resulting in poor quality of cabbage from Virginia point; at present. Vegetables, generally speak ing. continue to bo supplied by lhe local gardners. Lemons are showing more activity with prices inclined to advance. Bananas are in liberal supply with prices normal. Pineapple receipts are light with the market strong at advanced prices. No Oranges in the market to speak of, the supply consisting of a few job lots of imported stock of undesirable quality. The Florida crop continues to progress nicely, and will begin to move in a small way in tlie next few weeks. The demand for California fruit has been very active for the last two weeks, with receipts meeting r*’ady sale at higti prices, which has been caused by the application ol excessive freight rates, and the re sult of'a combination on the part, of the growers at point of shipment. ' Poultry, especially fries, in light sup ply with the highest prices of the season prevailing. This may be applied to eggs also. ! The demand for butter is lagging nt. lew prices. Onions are scarce with prices '■ advancing rapidly. THE TRADE SITUATION. New Ycrk, August 28.—Bradstreet’s to f morrow will say: "Trade conditions are still slightly un . even, due to the backwardness ot crops in some sections, damage reports from oth ers ami uncertainty as to the monetary ; outlook. Fall trad/ in favorably situated sections compares well will) a ic.ir ago, while <n others a disposition to hold back is manifested. Car congestion reports are still numerous. Tlie feeling grows Hint the iron trade is grounding on the bottom .. as regards prices, and samll inlying of pig iron is more marked. Taken as a FULL QUART OF | SW WHISKEY FREE eate contents. We know tho meaning of words and will do as wp say. ™ elHim to be the lowest priced Whiskey House » and the Largest Moll Order Whiskey Concern tn K 1 the South. All the North Caroihm whUkry we sell M Is good there’s no bad. People here wouldn’t adul- S terute if they knew how they nre too honest! Most M whiskey scliei’B ere noted lor mixing, blending and ftt ■ watering. We sell more genuine old whiskey anti less Q BsSrll 19 water than any known competitor. “Casper's 11 Year W gguUS® fl 4k ■ Old” whlakey !a n liquid joy! It’s made by honest ■ ■ “Tarheels” in the inonntains of North Carolina, in old- ■ 11 YFAP ni D M Style copper stills, just as It was made by our Rrand- H ■ fathers. First-rate whiskey is sold at •5.00 to 98.00 fi| 'fl B tilß per gallon, but it’s not any better than “Caaper’s 11 Year B g capital of •100,000.00, and tho Piedmont Having Bank of B ■g&Ml■ B-H B this city Will tell you our word is good. To introduce g ■S*BH MH this old. honest whisker, we offer 4 Full Quarts of H ■>’ 'WyftQR j B •‘Caaper’a 11 Year Old”- two sample bottles, one 15. LI - •.zJWtwSSs M one ]K year old- ft corkscrew and a drinking glass- ail » SkKx *fl raw ~~ ~" *> ■ 1 fcg for RIB 95 H #»».90 is sent we will double the abovo U Wl 8 | TOi&M fix HQNEST’tT’I) B conlcnu'i*ndIPrrp«r 1 Prrp«r «11 Expr... (o any point Ea.t fl £■!» CAROUNA PeOPLt J I THE CASPER CO.(lnc ) 201 Casper B!dg., WINSTON-SALEM, N.C. whole the situation lias many’ elements of strength. What business is doing is of a solid character. "The New England shoe industry, and. in fact, that of tlie entire country, appears to be in excellent shape, though the com plaint here is that while sales are large, profits are small. "A notable improvement in tho jewelry trade is reported from New England manufacturing centers, though doubt as to tlie iaEor outlook mars an otherwise favorable prospect. “The cotton goods trade feels the effect of the continued stringency >in supplies, but jobbers have found buying very elose. Supplies am small in nearly all positions, and predictions of small stocks and heavy business when the present embargo is removed are many. “Wool is firmer <>n a more moderate de maud. Business in spring weights is of good volume, the best coming from the west and south. "Wheat, including flour, exports for the w’eek aggregate 3,245,056 bushels, against 3.372,789 last week and 5,136.530 this we-'k last year. For eight weeks of tho cereal year thev aggregate 25,073,289 bushels, against 36,775.299 in 1902. “Corn exports for the week aggregate 866,320 bushels, against. 509.495 last week and 115,150 a year ago. For eight weeks of the present cereal year they aggre gate 8,326.295 bushels, against 754,659 in 1902. "Business failures in the United States for the week number 112, against 136 last i week and ItO in’ tlie like week’of 1902. In I Canada failures for the week number 2n, as against 14 last week and 20 in this week a ?e&r ago. Naval Stores. Savannah, August. 29,.-Turpentine firm I at 53; receipts 908; sales 1,211; exports ' ' 4,:;19. Rosin firm; receipts 2,364; sales 461; , l exports 713. Quote: A. B. C, D. I $180; E. $1.85: F, $1.90; G, $2: I. $-.40; K, i $3.10; M, $3.15; N, $3.25; window glass. • $3.50; waterwhite, $3.70. Charleston, August 29.—Turpentine nom inal Rosin steady; A. B. (', $1.65; D, sl.*o; E $1.75; F, $1.80; G. $1.90; H. $2.20; I. $2.80. K. $3; M. $3.05; N. $3.15; window glass. I $3.’10: 'waterwhite, $3.60. ; Wilmington. August 29.—Spirits turpen tine firm at 52 1-2; receipts 68 casks. Rosin lb in at $1.55@1.60; receipts 9i. Crude tur p. ntin* firm at .<! .754(3.511 and $.>.00; re ceipts 112. Tar firm at $1.60; receipts 61. Do You Suffer with Pi’.es? Do they protrude? Do thev bleed? Do thev pain you? Do you have mucous or bloody dis charges? I can certainly cure you. W rite me fullv Advice perfectly free - Dr - Tucker, 15 Broad street, Atlanta, Ga. YELLOW FEVER IN MEXICO. Fourteen Deaths a Day Causes Ex- ‘ citement at Linares. Laredo, Tex., August 26—A letter was received in this city today from a respon ' sible resident of Linares, Mexico, in which I he states that yellow fever exists at that i place and that the death rate is now I fourteen a day, I This information was given to the quar antine officials, both federal and state, of this city, and they will take the matter up at once tor investigation. Linares is a small town on the guit about three hours ’rid.- from Monterey. Tlie letter further said that people are fleeing from there in all directions as fast as they can g i ‘t out. L>r. H. -i • IbxnuiLon, United States ma rlnc hospital surgeon, received :m official notice from the governor of Auevo Leon todav stating that a double quarantine had been pla.-cd on between Linares and Monter*"/: that is, two detention camps between' those cities are established and passen*gers from the infe'.’ted points must run the gauntlet of being detained five da vs each in both places. Dr Hamilton sgys there are many cases of veilow fever at Linares and vic toria. and that it is inci casing at those two points. To Prevent Spread of Disease. Mexico City. August 28.—There are eighty-five yellow fever patients at Me rida. At Frogresso there are nineteen pa tients. The sanitary authorities ar*' tax ing a' tivc measures to prevent the spread of Hu lisease to other points in the Yuca tan peninsula. HOUSE BLOWN FORTY FEET. Wind Plays Havoc -with Homes in Indian Territory. Chickasha. Ind. T.. August 2S.—A heavy wind storm has done considerable dam age at Pocassett. Cottonwood Grove and Fort Cobl>. At Pocasset and Cottonwood Grove the corn is flat on the ground and tall trees were uprooted. A, W. Fr* J-w i< ; of Chickasha, was injured. At Fort. C'lbb., two houses were utt*.-rly dem iisli* *l. while a third was picked up by the wind and blown 40 feet against a barn, de stroying both. A heavy flying timber was blown clear through a house, strik ing a won;;’4j in its passage and seiiopsly injuring her. WATCHING VAGRANCY LAW. North Carolina Interested in Opera tion of Georgia Lavz. Raleigh, N. C.. August 25. -(Special.)— The North Carolina authorities are watch ing with interest the operations of the Georgia vagrant law. There ; s a law in North Carolina against vagrancy, inn it is not enforced. It. is not. known why there is no enforcement; whether th** law is regarded as too lax and weak or wheth er the officials are falling to do their duty. There are not a few white idlers and there are many negro ones, b >nt** *>f tlie latter who will aeeept work will only do it for three or lour hours. Some of lhe leading negroes in tlie state declare that, they intend to take up this matter. A number of them have read the report miEIT The u, iiditiujis of th» wheat market offer exi't-ptional (qintirtunities f.. ; - large mul quick profits. uapital Ls not requiro! ami ex- perience on vour part is unnecessary. WE TELL YOU HOW in our bouklet w’.:i* !i will be sent free upon re ’’ quest. This booklet tells you ah about our f | methods ami the won*l* :ful u.Jv.n'tages of marginal investments. No matter what your 8 occupation or position, this booklet will prow " niteresting and profitable to you. Don’t fail t to investigate this. f DELMAR CRAIN CO. a Suite 508. Granite »ldg. ST. LOVIS, MO. 11 MARRIAGE Directory sent free. Pay when iriarried. Select Club, Dept. 46, Tduuiehft. Mich. LADIES I inirof A friend in need ir n friend indeed. U LmulLul you want a that faiis. a I dress The Woman’s M epical Hom?:. Balialo, ?<. ’/ I>(>HS for locating gold and -olvor. bc<t. treaH 1b ures.etc. (JuarantC’d. (’irciilar-. 2'-. 1511 YA N T i TUJ.I < < RAPHY ' Hitions secured. Address Dickinson : L-grap,. School, Tennille, Ga. sls WEEKLY SlltE mailing r : rr”*:.< ir -' canvassing; 100 information; steady work. Manager, Box 2US. Concord, X. SFQ?^ff n E ra 5 01 II FORTUNE, th 'trith .V n-.f> i RaHS® SB «. n<l now . I seek husband for lady 22 worth slo.oooand U tiful farm: young widow l.’>, *oo and < >k f t ; lady 21 i»’2O,(XX), widow 12 iß'i.nOO. Addr*’.-,, Jessie, 19 South Broad n ay. St. ■; s. M >. Eadies: Our harmless 'Rom< dy re!o‘v<’> with-> A fail, delay or suppressed if.nnurion. Ker fi “o trial address Paris (’hemica! Co., Dept. Mi • waukee, Wis. OPHMBi $lO to $45 Saved ■ ■ - o § INVENTIONS •; is obtained through nv 20 v»..rs experi-.n* fe Semi for Booklet. PafenfOsvelojmoniCo.cf Am»ri:a,'.BS Broad'W.Newfarlt City, ’Sf'V Cured in 30 to bi) Utopsy days. 10 days’ trcit- O. E. COLLUM DROPSY MEDICINE CO.. 332-313 L wade*- BuiJdm;. Atlanta, Ui. • BRASS BAND Instrument?, Drums, Uniforms. Lyon g _ <8 Uoaly "Own-Make” Instruments urn 3 preferred by Thomas Orchestra, Ban , i V' . i'.M h. Sea, Mascagni, etc. Lowest price*,! 4 catalog-.ietliliilnstrationsjmaibd frrr; if It elven lustr’actions for amateur bar's. LYON & HEALY. &i Adams book IcJisbov, all Eye anti! Di eses may b< - ” b<<nie aS •mail (•<• st t ■ i ild >uedtcj ’.•‘3- it ly tliv.'tratr-o. full ■>? valuai ie ■ ' uruUhotild be rc.-»d !*•■ • y 'sufferer from any eye or car r rtii- book id written by l.'r ■' - v rof the ' v ‘i- ' 5-f.air •' »1U ’■ Mf'dieineMetU.- i. v.-hic’iwjr . ■ ■ ' ” c.r | ain H.pee-ldy cu-o-■■ ; e cases. Dr Curt?; offera t- -“n . th bonk absolutelv Fi’r.l- t*. f»ii-A i; --V it:< for ir. -•■■Ms- Dr. F. Geo. Guru, 352 Shaken Bidg. Kansas < v. >u MEH ABD WOMEfI. L' ■ 1b,.; « for nnrotmsl rfiW’in t «*adnw&sl <• - hnrc.s.ir.Qanmi;.’ ■*. Ou»r.i)t..d irritations or iilvr in ■• not to utrlmare ct mucous nuiuibrani ). Pr.-int. Ccnlnolne. 'ni’ii r, a..4 ttnt aStli l- BPniTkEEVAHSCHEMICAI.CO, ,’’nt. ■ • i.-on-M. VslWi S«»Ed Str ®ruig|rfslß, '’ r B,!nt !n ? 1!; ” wr i p JbiCaStiK bv exp*’ • h, pr i ’• . !"« r.j !'■ . tn . b--?t!’3 .73. ; ircuUr sent OH muc-U err™ CHICHESTER’S ENGLISH h "i:s t !■:»;■ - : 'GLS Bi ..ih.-’.’i’..'.. ' • I C I ’ i’arth■»' r.-.tlni • .lai, \ A'*’ »r,.t •• far s.u<bt-f." ■K.— r ill ■ -< U " < liUhe-ter ( homtcnl C >., Mantlon this pr.t ftladlaoa Square. 1’3111.?•.» « Ne $r Sec re t lit me dy A W■ J . ut' •ly r ’” L ° v , ' PeU.nainvu'v Y oT.ru I - tn .t« b, twice and (Ln »m» go. rm - ten: villi those who «SO M pref’)'to e*>tue : ’ will eontiaet to cure g „ s , them or pay ■: pro i c. . f® ■ ■ •vo foil to our if you have taken «r.i r- fen IS cury f l<»uhie pcta ’ Mill J.-iv:- a.’lu-s and gsj? p«in< ."Dic< Mi s S’i,: ••. >. in mouth, Throat, Phnple«*,Coiiper-t <•' ’■ j’lk; On'U’b rd s ? •.•liar . S 810-xl s'o!r. >n 1' Kuarunt ■•' ;•> ■<. We R £s» it t• ?: t • b<’n ‘ '^ c ?r .’■’.?■ ;?■■ itu; "J ibrrvanyv Ltwe’hX* m tr.-vttr.g tlii ylh f ase v o r SAGIC BKSRBY aw■ '■> '■ guarani Write U? for 100-pnc« hook Rnd absolute nroo.V >dd- ■ • < 0024 RiUt U.lt' <s'o., " MaflcnSc Temple, C.-blcajjo, UHiwa. in The Constitution of the action o; :r. 1 Hlanta n* g’OC.- In appearing K’-t f.-' di- .r.terlv idle of their race, and sar t.w.v regard this as a good <-x iniple to L>, o-.v. It is very certain that never nei-'ie was th' re such a demand for labor, par tlcnl.tr!■■’ negr.i la ><■:’. <>n the farm, asi there now is in North Carolina, and WV.S were never so high as at present. F.i”dit v-fi-.-e per cent of the counties in Uo si.oo make this report of soarcity o;’ * i bor th’'"' conufiaintfl coming, in from •■’ll <• -unties savr those west of < ]■’ B’- ■■ Ridge. In which there is practi 0.- no negro labor. Shanghaied Boy Taken from Ship. New York. August 27.—The American boy who tried to escape front the Fretu h bark Mnreciial De who, it ’ alleged, had been shanghaied, was tak from the vessel early this morning by Collector of Port Stranahan, who had gone out to sea on the revenue cutter Gi f .-ham to rescu the boy. The rescue was made after an all-night search at sea, about 4 miles east of the Sandy Hook light ship. The boy is named Hugh Thompson, is 16 years old and is tlie son of a sailor who ships on a coast wise V'ssel which plies between Bangor, Me., and points south. After he had been taken in charge by the r* venue oflieeis. young Thompson said lie had not b* en forcibly taken to tlie boat, hot had gone with tlie consent of his father. He said, however, tli.it he thought he was to ship on a coaster, ami when lie found tliaf the Mareehal De Gontaut was bound for Yokohama and that he would be absent for many months, he wanted to return to his home.