Newspaper Page Text
6
FIGHT ON TREATY
PLANK NOT LIKELY
/TO SPLIT PARTY
(Coyinued from Page 1.)
mandinar leadership in the national
organization.
Nominee In Doubt
The imminence of the Republican
national convention, which begins its
sessions at noon tomorrow, apparent
ly worked today to further becloud
instead of to clarify the question of
who is to be the nominee for presi
dent.
Wood, Lowden and Johnson sup
porters were driving hard for the ad
vantage and all of them were claim
ing gai as the .4*.lance of the u iin
structed delegates rolled into Chi
cago but best claims for any of the
three amounted to little more than
one-fourth of the total delegate
strength on the first ballot and it
takes a majority to nominate.
With prospects of a deadlock thus
becoming better hourly, favorite sons
and dark horses possibilities increas
ed their activities and further tan
gled the knotted reins of control for
which party leaders are wrestling.
The outlook helped, too, to enliven
(Continued on Page 3, Column 4)
the squabble over contested conven
tion seats and the ogle over per
manent organization of
tion. At lea/t some and possibly all
of the 137 contests decided by the
national committee will be brought
before the credentials committee for
a rehearing and a few may be dl
- finally on the convention floor
itself. ,
Realizing the power which might
be wielded by a friendly staff of per
manent convention officials, the
managers for all the candidates are
studying carefully before they jump
one wa-- or the other in the choice
of a permanent 'hairman. Senator
McCormick, of Illinois, and former
Senator Bevejidge, of Indiana, are
most prominently mentioned for the
chairmanship, but the strength be
hind neither has yet become clear'v
defined and a choice may be post
poned until the last minute.
Chairmanship Contest
If the outlook over candidates and
organization is uncertain most of the
leaders agree that the situation as
regards platforms at least is begin
ning to take form. Only a few of
the more troublesome planks remain
to be reed on, and although some
sharp struggles are in prospect, no
one seems to think that any of them
will 'lead to serious consequences.
There were indications today that
a League of Nations plank, over
which one of the bitterest conven
tion fights had been predicted, might
soon be given the approval of all
leaders except a small group of mild
reservation senators. The Johnson
Borah irreconcilables have a plank of
their own ready to submit if the
platform conferences do not yield a
result acceptable to them, but they
indicated confidence today that no
open fight by them would be nec
essary.
The -mild reservationists are dis
satisfied with the plank under con
sideration in the platform confer
ences because it would have the
so: they say, of merely declaring
against the league covenant as con
tained in the treaty of Versailles.
They want an affirmative declaration
fcr ratification of the treat? with
safeguarding reservations.
In the fight over permanent or
ganization the Wood fore will
throw at least some of their strength
for former Senator Beveridge.
"I am for Senator Beveridge,” said
Frank H. Hitchcock, "and I would
have been for him even though he
had not been instructed by his state
for General Wood. I have reason to
believe that Senator Beveridge is
highly regarded in other camps.”
Friends of Governor Sproul, of
Pennsylvania, said the governor had
no particular choice for the perma
nent chairmanship. Senator John
son is for Senator Borah, of Idaho, if
the latter indicates that he desires
the chairmanship.
Senator Johnson’s mass meeting
tonight, by which his supporters hope
to throw his campaign forcibly upon
the attention of the national conven
tion, will be addressed also by Sena
tor Borah. The California candidate
is expected to deal with various top
ics in controversy before the conven
tion. including the League of Na
tions and the method of selecting
delegates from the south. Expecting
a gathering of overflow size, both of
the speakers will be prepared to ap
pear in a theater secured for the
meeting and outside as well.
Penrose Absent
The scramble for convention tick
ets began today with their distribu
tion through members of the nation
al-committee and the local arrange
ments committee. Bales of the
pasteboards and accompanying
badges and souvenirs were given out
at a hotel and there was a stampede
of committeemen. The seats were
allotted according to the proportion
ate representative of each state.
Lucy Page Gaston, the only wom
an entrant in the presidential race,
announced today that her name
would not be ‘presented to the con
vention. She said she had with
drawn in favor of anybody "who will
indorse the moral reforms for which
I stand.” Miss Gaston entered the
South Dakota primaries on a plat
form which included an anti-ciga
rette plank, unadulterated food and
clean morals.
Alvin McDonald, member of the
Oklahoma delegation, announced
that Jake Hamon, national commit
teeman-elect of Oklahoma, would re
ceive the Oklahoma vote for presi
dent on the first ballot. Mr. Hamon
is to be placed in % nomination by
former Representative B. S. Mc-
Guire.
Nomination of Governor Lowden
will be seconded, it was announced,
in five minute speeches by Governor
Edwin P. Morrow, of Kentucky, and
former Representative Charles E.
Pickett, of lowa.
With the arrival of the Missouri
delegation an effort will be made
today or tonight to call a caucus
and consider last week’s election of
Jacob W. Babler, of St. Louis, as
national committeeman from that
state. Babler figured in the testi
mony before the senate committee
investigating Lowden’s expenditures
in Missouri.
Although kept away by illness,
Senator Penrose of Pennsylvania, a
conspicuous figure for years at na
tional conventions, is closely in
touch with developments here and
constantly is advising his lieuten
ants. There is a telephone line di
rect from the senator’s house in
Philadelphia to the headquarters
here of the Pennsylvania delegation.
Regret over the enforced absence
of the Pennsylvania leader was ex
pressed today by Chairman Hays of
the national committee.
"The information is,” said Mr.
Hays, "that Senator Penrose will not
be here and everyone is sorry.”
One suggested means of compro
mising the differences is the inclusion
in the plank of a declaration of ad
herence by the party to the doctrines
and policies of Washington, Madison
and Monroe. The compromisers ar
gued that such a declaration could
be construed by every faction to suit
itself. Senators Borah and Johnson,
for instance, would construe adher
ence to these policies to mean that
the United States must stay out of
the league entirely. Senators Hale,
Kellogg and other reservationists
would construe it as meaning Ameri
can participation in the league with
the Lodge reservations.
Campaign managers and their le
gion of lieutenants were making a
last-day drive upon the national dele
gates today in the interests of their
respective candidates for the Repub
lican presidential nomination.
Although the balloting was not ex
pected to begin before Thursday or
Friday, the many state caucuses
scheduled for today were generally
looked upon as closing the door to
general incursions into the various
delegations, through practical de
termination of how the states would
stand on their first vote. Os course,
the real maneuvering will get under
way after the initial test of strength
in the opening ballot, but as far as
first choice is concerned, politicians
believed the first apportionment of
delegates will be fairly well deter
mined by tonight. The test available
information regarding over-night de
velopments in the apportionment of
delegates would indicate the follow
ing possible vote on the first ballot:
Major General Leonard Wood, 255;
THE ATLANTA TRI-WEEKLY JOURNAL.
Chi’ and N. Y. Only Cities
Big Enough to Hold G.O.P.
Candidates, Says Rogers
SY WILL KOGERS .
(famous Oklahoma Cowboy Wit)
(Copyright, 1920, for The Atlanta Journal.)
I AM being paid to write something
funny about this Republican
convention. That’s funny.
AU a fellow has to do to
write something
funny on a Repub
lican convention is
just write what
happened.
Chauncey Depew
and I were about
the last to decide
to write. Chaun
cey has the advan
tage of me. He
knows his jokes
are good ’cause he
has told them
for years.
The convention
is starting out with
a big setback. A
carload of cham
pagne from Cali
fornia billed for
Chicago for me
dicinal purposes
aW S'
xgsx ’ '*■ ■■ ••••'■ '
A. .
* »* * * :
was held up.
In the first place the convention is
to.be held in. Chicago. Chicago is lo
cated just north of the United States.
I am well acquainted with the Amers
ican consul there.
Chicago holds the record for mur
ders and robberies and Republican
conventions.
The Republicans had to hold their
convention either in Chicago or New
York this year as no no other city
was big enough to hold all their can
didates.
Mexico don’t know how to get rid
of Villa. Loan him to us for a vice
president. That would get both na
tions rid of him.
If the Republicans split as they
did eight years ago everybody bet
ter start preparing to be kept out
of another war.
They don’t know whether to sfeat
the colored delegates or not. If they
do it will be far back near the door.
To show you true democracy will
rule the convention, the first thing
they did was to throw out two dele
gates the people had elected.
The Democrats are investigating
the Republican blush funds and if
they find where it’s coming from
they want theirs.
California’s fifteen delegates start
ed to the Chicago convention accom
panied by) sixty bootleggers.
As these delegates were elected
by the people the chances are they
will be unseated before they reach
Denver. .
,1 see where they are cutting a lot
of delegates down to half a vote.
Guess they will let the half-a-vote
delegates nominate the vice presi
dent. •
As far as qualifications go I think
Knox has the most suitable name
for an American president, especial
ly at this time.
Speakig of Knox, I see where the
whole convention is getting super
stitious and beginning to knock
W od.
They will mess around a week and
about next Thursday or Friday Pen
rose will tell ’em who’s nominated.
VOLSTEAD LAW AND
DRY ACT ARE HELD
CONSTITUTIONAL
(Continued, from Page 1.)
or inaction on the part of the sev
eral states or any of them.
“10—That power may be exertea
against the disposal for beverage
purposes of liquors manufactured
before the amendment became effec
five just as ft may be against subse
quent manufacture for those pur
poses. Tn either case it is a con
stitutional mandate or prohibition
that is being enforced.
"11—While recognizing that there
are limits beyond which congress
cannot go in treating beverages as
within its power of enforcement, wo
think those limits are not transcend
ed by the provision of the Volstead
act, wherein liquors containing as
much as one-half of one per cent of
alcohol by volume and fit for use for
beverage purposes are treated as
within that power.”
Mcßeynolds’ Position
Associate Justice Mcßeynolds,
while not dissenting from the court’s
opinion, said he confined his “conclu
sions to the fact that it is impossi
ble to say what construction should
be given to the eighteenth amend
ment. A multitude of questions will
arise and I prefer to remain free
when they arise.”
The court’s opinion on the main
issues involved was unanimous. As
sociate Justices McKenna ana Clark,
however, dissented in part.
Associate Justice McKenna in still
another opinion said: “The court de
clares conclusions only without giv
ing reasons for them. I must at
least be excused if I canot justify
may dissent.”
Justice McKenna said the Rhode
Island and New Jersey cases should
have been decided on their merits.
He added that he did not agree with
the action of thd court in reversing
the Wisconsin case.
Governor Frank O. Lowden, 215; Sen
ator Hiram Johnson, 175; Dr. Nich
olas Murray Butler, 107; Governor
William C. Sproul, 76; Senator War
ren G. Harding, 57; Governor Calvin
Coolidge, 29; Judge J. C. Pritchard,
22;’ Senator Howard Sutherland, 16;
Jacob L. Hamon, 16; Senator Miles
Poindexter, 14.
Out of the ruck of more or less
ordinary events there were two out
standing features today—a definite
"trend” toward Dr. Butler, who had
figured but little heretofore in the
pre-convention gossip, and discovery
that the supporters of Herbert Hoov
er, supposedly the veriest amateurs
in politics, had borrowed a leaf from
their more practical brethren and ap
parently built up a surprisingly
strong aggregation of second choice
delegates.
Hoover’s Gumshoe Campaign
The Butler people declare the final
battle in the convention will be be
tween their man and Governor Low
den, eliminating both Wood and
Johnson in the first five ballots. They
are hoping Senator Johnson will car
ry out his threat to take to the coli
seum floor his fight against the
League of Nations in any form. They
believe this will, afford Dr. Butler
his greatest opportunity to build
up popular support. Dr. Butler has
reiterated his intention of defending
the Lodge reservations should ■ Sen
ator Johnson raise such an issue.
Such a debate, which now seems
probable, would provide one of the
most spectacular events of the con
vention.
As regards Mr. Hoover,’ his backers
have literally carried out his canny
advice, voiced shortly after he align
ed himself with the Republicans to
keep his name out of the primaries
and state conventions and work
among the delegates already com
mitted to another candidate to get
their second choice. Investigation
has disclosed that there has been
considerable strength developed in
this way. From authoritative sources
it was learned today that Mr. Hoo
ver’s name may not be presented to
the convention in the first group of
nominations, but will be withheld
until his organization can bring their
second choice strength into play.
Hoover, by the action of his friends,
thus comes within the category of
“dark horses.”
The name most often mentioned
for the vice presidency, in the last
few days has been that 'of Governor
Coolidge. Inquiries among the dele
gates from his home state leads to
the belief that the Massachusetts ex
ecutive would not refuse that nomi
l nation if it were tendered.
G. 0. P. SITUATION
IS PUZZLING ONE,
DECLARES TAFT
BY WILLIAM HOWARD TAFT
(Copyright, 1920, for The Atlanta Journal.)
SALT LAKE CITY, Utah, June 6.
The situation at Chicago is a curious
one and it make prophecy dange
rous General Wood still leads in
formally instructed delegates, but he
is by no means certain that he leads
the others in the number of unin
structed delegates, who are known
to have expressed a preference.
Senator Johnson is given second
place in the number of instructed
delegates, but to do this one must
count as instructed the whole Mich
igan delegation, the members of
which are not bound by the result
of the primary under the law, arid
which is known to include a num
ber of Wood and Lowden delegates.
Senator Johnson has less known
support among uninstructed dele
gates than the other candidates,
whild Governor Lowden’s strength is
probably greatest among them. Sena
tor Johnson is the candidate of the
radical element in and out of the
Republican party, an element that
is vociferbusly demonstrative for
him and threatening toward any oth
er Republican candidate. All radi
cal delegates in the convention will
be for Mr. Johnson and most of
them are included in his instructed
support. It is therefore impossible
to see unless the convention is
stampeded, how Mr. Johnson can be
nominated.
Regulars in Majority
The convention will have a great
majority of regular conservative Re
publicans in its membership, and if
they follow their prediction and their
calmer judgment, and if they be
lieve that the Republican party
should stand for something in ac
cordance with its pervious history,
they are likely to unite to prevent
the possibility of Mr. Johnson’s
nomination. It is Mr. Jojinson’s pur-’
pose as shown by his interviews and
by his militant presence at the con
vention as a candidate to force fight
ing. He is aware of the opposition
to him, because of his radical proc
livities, and he seeks to avoid that
opposition by creating an issue on
th< question whether the party
should take its stand against the
league with the Lodge reservations
as voted for by two-thirds of the Re
publican senate or should support
the*bitter enders and oppose any
league at all;
In so doing he is demanding that
there be an unequivocal plank in the
Republican . platform against the
league whether with or without res
ervations, and thus seeks to take ad
vantage of the unnatural alliance
between Senators Borah, Nori'is,
Gronna, LaFollete and himself, on
the one hand, and ultra conservative
Republicans like Senators Knox,
Brandegee, Penrose and others.
On the other hand, brought about
by the treaty fight in the senate,
he is flushed with the victories in
California, Michigan and Nebraska,
in which, with the united support of
the progressives and the racial la
bor vote, who will not support any
other Republican candidate, he show
ed his strength in the primaries; he
is naturallty a fighting leader and
prefers an early definite, clear-cut
stand on the issue.
Was Humorous Suggestion
The. suggestion of a ticket with
Senator Knox as the presidential can
didate and Senator Johnson as the
vice presidential candidate was "a
humorous one, not because Senator
Knox is not in the class from which
presidential candidates may properly
be taken, but because the suggestion
was so utterly at variance with Sen
ator Johnson’s character and pur
pose. He has no idea of playing sec
ond fidule. He proposes by sheer
force of audacious leadership and
through fear of timid Republican
delegates to make the bitter-ender
tail wag the Republican dog. One
may venture to doubt whether such
a plan will work successfully, but
one must concede the courage with
which it is being attempted.
The delegates in a Republican con
vention have not ordinarily been
stampeded. The galleries of the ex
position hall at Chicago have been
filled with enthusiastic thousands
shouting till exhausted in favor of
a candidate without the needed votes,
while the body of delegates remained
unmoved in their segts. Chicago is
the home of Sinn Fein, pro-German
and radical enthusiasm and Senator
Johnson’s name and'appearance in a
convention will meet with a gallery
acclaim that might affect less sea
soned heads than the present Repub
lican delegates.
What the Republican delegates,
however, should note is that Senator
Johnson’s canvass and implied de
mand for his own selection as a
nominee is not to be postponed until
the roll call for votes for candidates.
It will begin in the resolution com
mittee and will be forced upon the
convention on the adoption of a ma
jority or minority report. If Mr.
Johnson carries out his announced
purpose the convention must elect
whether the Republican party shall
stand by the thirty senators in favor
of the league with the Lodge reser
vations, or repudiate those senators
and stand with the five radicals, mas
querading as Republicans, who are
associated with the nine regular Re
publicans in opposition to the league
altogether.
Johnson Flaying on Fear
The most conclusive step to end
any danger of Mr. Johnson’s nomi
nation is to. stand with the majority
of the Republican senators on the
league issue. Mr. Johnson has said
he will not bolt, but reasons for
changing his mind as thick-as black
berries can be found if occasion re
quired. He is now skilfully playing
on fears that he will bolt in spite
of his declaration. Fear of a bolt
by Mr. Johnson should not deter the
convention from standing by the
large Republican senatorial majority
on the league majority.
If Mr. Johnson is not nominated
himself and a “Mr. Facing-Both-
Ways” resolution is adopted on the
subject of the league, Mr. Johnson
is just as likely to bolt as not. If
the convention takes the courageous
stand in favor 'of the action of the
majorty Republicans of the senate,
Mr. Johnson’s bolt will not defeat
the Republican party. He will draw
as many votes from the Democratic
party as he does from the Repub
lican party. ✓
The Republican candidate will ba
supported not only by the regular
members of the Republican party,
but by many conservative Demo
crats, disaffected toward the present
administration, who will be glad to
seize the opportunity of voting the
Republican ticket to defeat a scheme
which will include all the un-Amer
ican groups—the Sinn Feiners, the
pro-Germans and the vociferous rad
ical elements of unrest.
Such a victory by the Republican
party would give it an opportunity
for constructive usefulness in the
administration to follow unhampered
by the paralyzing party membership
of Senators Johnson, LaFollette, Bo
rah, Gronna and Norris, an oppor
tunity which would mean much for
the welfare of the country.
Some girls grow up and become
happy wives and mothers and others
become lady novelists.
Before asking a favor of a man a
wise woman gives h'm a good dinner
—with a little flattery on the side.
COTTON
NEW YORK, June 7.—Mole favorable
weather reports and forecasts to consid
erable local and southern selling in the cot
ton market at the opening tislay. First
prices were generally IS to 33 points lower,
with the tone easy, and the market soon
showed net losses of 14 to 41 points. July
sold off from 38.70 c to 38.31 c and October
from 3G.05c to 35.66 c, but Liverpool and
trade interests bought on the decline and
prices soon firmed up again on covering.
July was relatively firm on the Liverpool
and trade buying and sold about 15 points
net higher late in the morning, while oth
er months recovered about half their ear
ly losses.
The market remained quiet during the
early afternoon and showed little change
but if anything was a < shade steadier on
covering by early sellers.
NEW YORK COTTON
The following were the ruling prices tn
the exchange todav-
Tone steady; middling. 40c, quiet.
Last Pre,
Open. R'.gn. U>w Sale. Close. Close
Jan. ...34.20 34.37 34.02 34.08 34.08 34.48
Meh. ...33.75 33.85 33.52 33.53 33.53 33.03
May 33.10
July ...38.70 38.70 35.31 38.49 38.49 38.45
Oet 36.05 36.05 35.62 35.69 35.67 36.07
Dec. .. .34.75 34.91 34.59 34.60 34.60 35.05
NEW ORLEANS COTTON
NEW ORLEANS, June 7.—Clear and dry
weather over the belt caused a selling move
ment in cotton today which, in the first hour
of trading, depressed prices 20 to 45 points.
July rose 10 points in its opening trades to
38.70 c and then fell off to 38.40e. Other
months opened lower. While the weather
over the cotton region as dry, it was gen
erally considered that temperatures were too
cool, and this served to hold sellers within
bounds-
The market turned irregular as the re
sult of straddling between ' July and Oc
tober, the latter being sold against pur
chases of July. Late in the morning the
trading months were 3 points higher to
32 points lower than the close of last week,’
July being the only month to show an ad
vance.
NEW ORLEANS COTTON
The following were the ruling pri. es in th»
exchange today:
Tone steady; middling. 41c, steady.
Last t re’-
Open. Hlgn. Sale. Close Close
Jan. ...34.10 34.19 33.90 33.90 33.90 34.35
Meh. ...33.45 33.58 33.31 33.32 33.31 33.72
July ...38.70 38.70 38.40 38.55 38.54 38.60
Oct. ...35.60 35.79 35.40 35.54 35.52 35.95
Dec. ...34.52 34.79 34.39 34.48 34.40 34.90
NEW ORLEANS~SPdT COTTON
NEW ORLEANS, June 7.—Spot cotton,
steady and unchanged. Sales on the spot,
687 bales; to arrive, none; low middling,
32.00; middling, 41.00; good middling,
45.00; receipts, 1,480; ctock, 399,2560.
SPOT COTTON MARKET
Atlanta, steady, 43.50 c.
New York, quiet, 40c.
New Orleans, steady, 41c.
Philadelphia, steady, 40.25 c.
Galveston, steady, 4tc.
Montgomery, steady, 41.50 c.
Norfolk, steady. 40.50 c.
Savannah, steady, 42c.
St. Louis, steady, 40.50 c.
Houston, steady, 40.25 c. g
Memphis, steady, 41c.
Augusta, steady, 40.25 c.
Little Rock, steady, 41c.
Dallas, steady, 40.65 c.
Mobile, steady, 41e.
Charleston, steady, 40.50 c.
Wilmington, steady, 40c.
Boston, steady, 40c.
ATLANTASPOT COTTON
Atlanta spot cotton 43.50 c
Receipts 2
Shipments .\ 288
Stocks 19,360
AMERICAN COTTON AND
GRAIN EXCHANGE
COTTON QUOTATIONS
The following were the opening, highest,
lowest, close ’and previous cluse quota
lions on the American Cotton and Grain
Exchange of New York:
Prev
Open. High. Low. Close Clow
Jan. ... 34.20 34.40 34.05 34.05 34.48
Mar. ... 33.75 33.80 33.50 33.50 33’. 90
July ... 38.50 38.66 38.45 38.45 38.45
Oct 35.90 35.91 35.62 35.65 36.01
Dec. ... 34.70 34.86 34.60 34.60 35.02
LIVERPOOL COTTON
NEW YORK, June 27.—Liverpool cables
were due to come 19% to 27% points lower,
opened 3 to 11 points down.
At noon were 2 to 6 points up.
Cotton, spot quiet; prices steady; good
middling, 30.38; fully middling, 29.13; mid
dling, 27.88; low middling, 24.58; good or
dinary, 21.38; ordinary, 20.38; sales, 4,000
bales, including 3,900 American; receipts,
100 bales, all K American.
Futures closed steady; June, 25.81! July,
25.48; October, 24.13; December, 23.19; Jan
uary, 22.89; March, 22.17; May,’21.65; net
4 points up to 20 points lower than previous
close.
Tone,steady; sales, 4,000; good middling,
30.8 d.
Prrv.
Open. Close. Close.
January 22.90 22.89 23.01
February * 22.53 22.68
March 22.20 22.17 22.37
April 21.90 22.05
May 21.69 21.69 21.78
June 25.81
July 25.33 2548 25.49
August 24.93 25.08 25.06
September 24.57 24.60
October 24.12 24.13 24.22
November .'. 23.69 23.63 23.72
December 23.26 23.19 23.27
COTTONSEED OIL
Open. Close.
January 17.25@17.55 17.25017.65
Spots 18 bid
June 18.50019.00 18.50@19.50
July 15.36018.45 18.08@18.1l
August 18-.41@14.55 18.12@18.20
September .. .. 18.47 @18.52 18.23018.21
October 18.25018.50 18.25@18.30
November .. .. 17.25018.00 17.25017.75
December 17.00@17.75- 17.00@17.65
ATLANTA COTTONSEED PRODUCTS
MARKETS
(Corrected by. Atlanta Commercial
Exchange.)
Crude oil, basis prime, tank lots ....$15.50
C. S. meal, 7 per cent ammonia, 100-
ton lots 65.00
C. S. meal, Ga. common rate point,
100-ton lots 64.00
3 linters, 2c.
Cottonseed hulls, sacked, carlots 24.0(1
Cottonseed hulls, loose, carlots 18.00’
No. 1 linters. 9e; No. 2 linters, 4c; No.
J linters, 2c.
SHEPARD & GLUCK COTTON LETTER
NE WORLEANS, June 7. —The tendency
was downward in cotton today as the re
sult of greatly improved w’eather condi
tions over the belt, although there was still
room for more improvement, especially on
the score of temperatures which remain
below normal over the greater part or the
belt.
The opening was lower except on July,
and the decline continued, with recoveries
now and then, until late in the session
when the market was 20 to 57 points under
the last quotations of last week, July stand
ing yat 38.40 and October at 35.40. The
Hose showed net losses for the day of
6 to 49 points, July being the strongest
month. July was the only month to show
net advances. It was up 10 points on the
opening, while other months were down.
During a good part of the day ot received
support from straddlers who bought it
against salest of October;
The weather may was clear and dry and
it was the main cause of the early selling.
The selling later In the day was due to the
belief that the weather map tomorrow would
be equally favorable. Increased offerings
may be expected if no rainfaills overnight,
especially if it warms up.
JNO. F. CLARK & CO. COTTON LETTER
NEW ORLEANS. June 7.—Provided a sur
prise by coming as much as 30 points high
er than due on futures and showing spots
6 points up, sales 4.000 bales. This action
was interpreted on the possibility of a dis
turbance to imports owing to war and labor
situations, tsraddle operations with our miar
ket, additional effect of the bullish bitl’eau
condition and fear of lateness of crop. A
cable said “disappointment over crop news
continental buying.”
First trades here were at an advance of
10 points on July, but as much as 40
points down on new crops, despite the strong
Liverpool. Selling was mostly based on the
change to dry weather. Advice from Aus
tin, Tex., of heavy rains, and the strength
of the July position in New York caused
some buying and rallied the market 20
points,- but when the official map showed
fair in Tesas and the official forecasts were
for fair and warmer, the market reacted to
opening figures. Some believe that the con
tinuance of the longshoremen’s strike is fa
vorable to operations in July, in New York
if such should be contemplated.
Liberty Bonds
NEW YORK, June 7.—Liberty bonds, clos
ing prices today were:
3%s 91.50
First 4s 86.30
Second 4s 85.10 r
First 4%s ~..86.74
Second 4%s 85.50
Third 4%s 89.50
Third 4%s * 89.50
Fourth 4%s 85.70
Victory 3%s 95.92
.Victory t4%s t 95.92
GRAIN
CHICAGO, June 7.—Fresh strength devel
oped in the corn market today notwithstand
ing a setback at the outset. Opening quo
tations which ranged from to 1% cents
lower were followed by an advance to well
above yesterday’s finish.
Corn closed nervous, l%c to 2%c net
lower.
Oars ascended tto new top prices for the
season.
Higher quotations on hogs tended to make
provisions firmer.
CHICAGO QUOTATIONS
I'oe following were the ruling prices 11
th- exchange today
Fret.
Open. High. Low. Close. Close.
July *.*....172% 174% 170% 171% 173
Sept 159% 160% 156% 157% 160
o.vrs—
July 94% 96% 94% 96% 94%
Sept 78% 79% 78% 78% 78%
• > Rix-
July 33.50 33.50 33.45 33.45 33.75
Sept 34.97 35.00 34.70 34.70 34.97
1 aßl>-
Julv 20.90 20.90 20.62 20.65 20.80
Sep’l 21.75 21.75 21.50 21.50 21.67
. HUBS—
July 18.30 18.30 18.07 18.07 18.22
Sept 18.97 18.97 18.82 18.82 19.00
RECEIPTS IN CHICAGO
Today.
Wheat * 10 cars
Corn . ’ 72 cars
Oats "28 cars
Hogs ....36.000 head
CHICAGO CASH QUOTATIONS
CHICAGO, June 7.—Cash: Wheat—No.
1 northern spring, $2.9503.00; No. 2 north
ern spring dark, 3.10; No. 1 mixed, $2.90.
Corn —No. 2 mixed, $1.9501.96; No. 2
yellow, $1.95@1.96.
Oats—No. 2 white, $1.16%@1.17%; No. 3
white, $1.1401.15%. /
Rye—No. 2, $2.1502.16.
Barley—sl.s3@l.ss. ,
Timothyseed—slo.oool2.oo.
Cloverseed —$25.00035.00.
Pork—Nominal.
I.ard—s2o.ls.
Rib5—517.25@18.25.
NEW YORK‘PRODUCE MARKET
NEW YORK, June 7. —Flour, dull and un
changed. ,
Pork, dull; mess, $41.00.
Lard, quiet; middle west spot, $20.60@
20.70,
Sugar, raw, steady; centrifugal, 96-test,
$20.31(4120.50; granulated, $21.50026.50.
Coffee, Rio No. 7, on spot, 15%%15%c;
No. 4 Santos, 23% @24 c.
Tallow, quiet; specials, 12@11%c.
Hay, steady; No. 1 $2.00@2.10; No. 3,
$1.60@1.75; clover. $1.40@1.95.
Dressed poultry, quiet; turkeys, 50@56c;
chickens, 36043 c; fowls, 24043 c; ducks,
32035 c.
Live poultry, steady; geese, 20@22c;
ducks, 23@25c; fowls, 35@37c; turkeys,
32c; roosters, 17c; broilers, 40@75c.
Cheese, steady; state milk, common to
specials, 20@30c; skims, common to spe
cials. 19%c.
Butter, firm; receipts, (2 days), 13,170;
creamery, extra, 55c; do. special maifcet,
55%@56c; state dairy, tubs, imitation
creamery, firsts, 44%4%c, nominal.
Eggs, quiet; receipts, (2 days)). 58,211;
near-by while fancy, 54055 c; near-by mixed
fancy. 42051 c; fresh firsts, 42049 c; Pa
cific coast, extra, 47@55c.
CHICAGO PRODUCE MARKET
CHICAGO, June 7. —Butter, creamery ex
tra., 53%c; creamery, standards, 53c; firsts,
480 52c; seconds, 42053 c.
Eggs, ordinaries, 35@36c; firsts, 386@
39%c.
Cheese, twins, 25%c; Young American,
26e. '
Live poultry, fowls,3oc; ducks, 30c; geese,
30c; turkeys, 35c.
Potatoes, 49 cars; Wisconsin (per 100
pounds), and Minnesota (per 100 pounds,
$9.5009.75.
NEW YORK COFFEE MARKET
Close.
January . 14.47014.49
February ...! 14.47@14.49
March 14.47@14.49
April 14.470 14.49
May 14,47014,4.)
June 14.750 14.80
July 14.87014.88
August 14.72@14.73
September 14.57014.58
October 14.53014.55
November 14.50@14.52
December 14.47@14.49
NEW YORK~SUGAR MARKET
Close.
January 18.80@18.90
February 14.30014.40
March 14.30@14.40
April 14.30@14.40
Jlay 14.30@14.40
June 19.20@19.40
July 19.20019.40
August 19.20019.35
September ...... .. 19.20@19.30
October 19.10019.25
November 15.50018.60
December 17.70017.80
Cotton Gossip
Weather: Saturday light to moderate
rains over-eastern belt, also some light rains
in portions of central belt Sunday. Heavy
rains over the Carolinas with continued
slightly cool temperatures especially at
night. Forecast Monday entire belt generally
fair, except east Texas part cloudy, rising
temperatures. Long distance weekly forecast
generally fair.
Forecast—Virginia:Fair tonight and Tues
day ; warmer in extreme west portion to
night.
Kentucky, Tennessee, North Carolina.
South Carolina, Alabama, extreme northwest
Florida, Mississippi: Fair tonight and Tues
day; mild temperature.
Florida: Local showers tonight and Tues
day.
Georgia: Fair tonight alid Tuesday except
possibly showers near coast.
Louisiana: Tonight and Tuesday fair;
warmer in north portion Tuesday.
Arkansas: Tonight fair; Tuesday fair,
warmer.
Oklahoma, east Texas: Tonight and Tues
day generally fair.
West Texas: Tonight and Tuesday fair.
Cievenburg says: Liverpool prices for July
54, October 5S and December 48 American
points above parity. Spot sales, 4,000 mid
dling, equivalent to 55.76 c. Middlings In
tlie south ranged Saturday from 40.75 c. at
Dallas, to 43c, at Augusta. The weather
over Sunday was mostly favorable; fair and
warmer weather forecasted for the entire
cotton belt.. No particular news. Gwathmey
advises purchases on setbacks. A better
weather outlook and lack of speculation may
cause a further downward reaction, but the
situation is suck/ that one should be very
careful about selling short.
Grain Gossip
Chicago Tribune says: Short interest in
corn lias been greatly reduced on the part of
big speculators, while the favori.ble start
given the crop, with indications of a good
acreage and an increased disposition on the
part ofi the farmers to sell, has checked out
side buying, particularly on the part of coun
try speculators. Until tlieer are heavy
accumulations a nervous and widely fluctuat
ing market is to be expected.
Atlanta Live Stock
(Corrected by W. H. White, Jr., President
of White Provision Company.)
Good to choice steers, 850 to 1,000 pounds.
$11.50011.75.
Good steers, 750 to 850 pounds, sll.oo@
11.50.
Medium to good steers, 750 to 850 pounds,
$10.50011.00.
Good ■to choice beef cows, 750 to 850
pounds, $9.50@10.00.
Medium to good cows, 650 to 750 pounds.
$8.5009.00.
Good to choice heifers, 850 to 650 pounds.
$8.00@9.00.
The above represents the ruling prices on
good quality fed cattle. Inferior grades
and dairy types quoted below.
Medium to good steers. 700 to 800 pounds,
$9.50010.50.
Medium to good cows. 600 to 700 potinds,
$7.50@8.50.
Mixed common cattle, $6.00®7.00.
Good fat oxen, $8.50@9.50.
Good butcher bulls, $6.5008.50.
Choice veal calves, $9.00@10.00.
Yearlings, $6.00@7.50.
Prime hogs, 165 to 225 pounds. $14.00@
14.25.
Light hogs, 135 to 165 pounds, $13.50
@13.75.
Heavy pigs, 100 to 135 pounds, $12.00@
12.25.
Light pigs, 80 to 100 pounds, $10.50@
10.75.
The above applies to good quality mixed
fed hogs
LIVE STOCK BY WIRE
EAST ST. LOUIS, 111., June 7.—Cattle,
receipts, 4,000, including no Texans; market
steady: native beef steers, $9.00@12.23;
yearlings, steers and heifers, $10.00014.25;
cows, $8.25011.00; Stockers and feeders,
$9.00010.50; calves, $12.00014.25.
Hogs, receipts, 10.500; market, 25035 c
"higher; mixed and butchers, $14.25014.80;
good and heavy, $14.20@14.V5; pigs, $10.50@
12.75; bulk, $14.30@14.70.
Sheep, receipts, 2,500; market, lower;
clipped ewes, $9.0009.50; lambs, $15.50@
17.50; canners and choppers, $5.0008.00.
LOUISVILLE, Ky., June 7.—Hogs—Re
ceipts, 2,000 mostly 25c higher; 225 pounds
up, $13.75; 165 to 225 pounds, $14.25; 120
to 165 pounds, $13.00; pigs, $8.50010.00;
throwouts, SIO.OO dowii.
Cattle —Receipts, 400, 50 cents to $1 high
er; heavy steers, $12.50013.25; beef steers,
$8.50013.00; heifers, $8.00013.00; cows,
$5.00011.00; feeders, $9.00010.5; Stock
ers. $7.00010.00.
Sheep—Receipts. 1.600: active; lambs,
$17.25; seconds, $12.50@13.00; sheej, $7.75
down; bucks. $5.50 down.
CHICAGO. June 7.—Cattle: Receipts
11.000; beef steers 25c to 50c higher; fat
cows and heifers mostly 25c higher; calves
steady; beef grades strong; stockers and
feeders 15c to -25 c higher.
Hogs—Receipts 36.000; fully 25c higher.
Pigs steady to 25c higher.
Sheep—Receipts 12.000; quality poor; mar
ket strong to higher.
TUESDAY, JUNE 8, 1920.
FATE OF LOWDEN IS
ENTIRELY IN HANDS
OF HIRAM JOHNSON
(Continued from Page X)
club in his hands. He can kill off
Lowden and turn convention to
consideration tof dark horses. His
own oratory may win him support,
but the rank and rile of the politic
ians think him too radical and too
impulsive to be the Republican
nominee. Frankly, they don’t like
him. And he knows it. Therefore
he has everything to gain and very
little to lose by open warfare. And
that’s what is coming—Johnson on
the warpath, and the convention, like
a big jury, deciding whether the
Missouri exposure is a flash in the
pan or a serious flaw in Republican
hopes.
Men like A. T. Hert, 6f Kentucky,
the new Penrose of the situation,
who is for Lowden, do not consider
the Johnson explosion can effect
the sober, thoughful delegates of a
Republican national convention.
Anybody can win next November
on the Republican ticket, reasons the
Republican wiseacre, who is for
Lcwden, but the supporters of Leon
ard Wood and Hiram Johnson make
good use of Brother McAdoo’s pull
With organized labor and his jfolitical
versatility as they argue that if the
Democrats nominate McAdoo, “it
won’t be such a cinch” and that the
Chicago convention should not make
the mistake of nominating a con
servative, but it’s Lowden’s nomina
tion thus far.
Political Progress Slow •
Inside politics like inside baseball;
has its various feints and passes,
but thus far the captains of the
various political teams have made 1
little progress around the bases.
Conferences between the respective
managers have been held with the
idea of persuading rivals that they
had better give up trying and throw
their strength "where it will do
most good.” Supporters of Senator
Hiram Johnson, for instance, are
saying to Lowden men that the Il
linois governor’s vote against Roose
velt in 1912 through his proxy, Sen
ator Lorimer, would kill him with
the Progressives and that if that
wasn’t sufficient the Missouri scan
dal about the purchase of delegates
would do it. Really, the Johnson men
wouldn’t admit it, but if it.came to
a show-down they would be for Leon
ard Wood rather than Lowden.
On the other hand, there are two
classes of Johnson delegates—the
thick and thin supporters, who will
stick to the finish, and those who
come from states which voted over
whelmingly for Johnson, but who
personally don’t like Johnson be
cause of his unpopularity with the
political leaders of the Republican
party. These Johnson delegates must
vote for the California senator as
long as there is a chance for him
to win, but the managers of other
candidates already are trading with
them for second choices and third
choices.
Bowdon People Confident
The Lowden people continue confi
dent. The Wood people realize they
have been slipping in the last two
days, but they, too. know that if
Hiram Johnson wants to do it, he
can make Leonard Wood the nomi
nee. This would cause considerable
confusion among the members of the
new "old guard,” who, by the way,
comprise the managers of the Low
den boom, men like A. T. Hert, na
tional committeeman from- Kentucky,
and John Hammond, the new boss of
Oklahoma. They fought the Wood
managers in many a state and won.
If General Wood is the nominee, it
will mean the fall of this new “old
guard.” Their political future de
pends upon the success of Lowden.
And to be able to manage the cam
paign itself will mean the distribu
tion of offices in the event of vic
tory—something thoroughly under
stood by the delegates with an eye
also to the future.
But speaking of what the man
agers are saying to each other, 4 fa
vorite expression among the respec
tive boosters of Johnson, Lowden and
Wood is this: “You had better come
our way—for if you don’t look out
you will get Hoover.”
One of the most influential of
the Massachusetts leaders told the
writer that he didn’t believe the dele
gates in this convention would stay
put very long, that they would soon
get tired of voting for Wood, Low
den or Johnson and would ditch, them
all for a dark horse and that while
he himself was violently opposed to
Herbert Hoover, the delegates knew
the former food administrator would
be an easy winner in November and
would look upon him as a simple so
lution of the deadlock.
Hughes Looms
However, such faith in the ulti
mate strength of Hoover is not wide
spread. Few of the leaders, consider
him a probability, though all admit
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U. S. ARMY Gold Medal folding cots, re
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a public sentiment is behind his can
didacy, which would make victory
absolutely assured if he were the Re
publican nominee. Much more plaus
ible is the talk of Hughes. Again
and again as the disinteresfed dele
gate looks around and speculates on
the possibility of a prolonged dead
lock. he reverts to the fofmer justice
of the supreme court as a clean can
didate with a prestige unimpaired by
four years of political inactivity and
an experience off the bench that
would make him a much better cam
paigner than he was in 1916.
It is easy to say that thii conven
tion is groping in the dark, that it
is leaderless. That is-a superficial
impession. This convention knows
its business, knows what it wants
but this uncertainty is due to tha
tug of war between factions - which
represent the same thing. Prejudices
galore are recited against each can
diate. If the Democrats were here,
they could fill their campaign text
books. Big Republican leaders whis
per that Leonard Wood is "impos
sible because the country will not
stand for a military man.” Others
openly declare Johnson as absolutely
unacceptable to American business.
Now the leaders themselves like
Johnson. They would nominate hjm
in a minute if they could. His col
leagues in the senate have grown
fond of Hiram and they don’t think
him a bit too radical. But the rank
and file of the delegates are deter
mined that Johnson shall hot win.
Conservatives Control
The trouble is that even if the
leaders wanted Johnson they could
not deliver the delegates to him. To
that extent this convention is. con
trolled by the conservative influences
in the Republican party. Senator
Johnson, Senator Borah and their as
sociates can torpedo any of the lead
ing candidates but they can’t win
the nomination for the California
senator unless they persuade the
delegates overnight.
So the tactics of Johnson are ora
torical. Tonight’sh mass meeting and
possibly some dramatic speeches in
the convention will constitute the
final efforts to win by direct appeal
to the delegates. But if Johnson be
comes convinced that he can’t win—
there’s the psychological moment to
watch for. He is absolutely deter
mined to stay regular this time. He
will not bolt. But if the candidate
he wants to see nominated isn’,t
chosen, if for instance Lowden, whom
Johnson regards as "impossible” is
chosen, something worse than a bolt
from Johnson may be expected. He
will play the game he has played
before. He will stay regular in CaL
ifornla and probably will not stump
for the ticket anywhere else. And
the Republicans admit Hiram is a
wonderful vote-getter.
To placate Johnson, the new “old
guard” may have to give up Lowden,
but in so doing they would want
Wood eliipiniated too. In a free-for-’
all, Johnson could dictate the choice.
Intimate friends say he leans toward
Governor Sproul, of Pennsylvania.
Others say he favors Senator Len
root, of Wisconsin. Os one thing the
public may rest assured, Hiram John
son will insist on a progressive, but
it is premature to say that he thinks
of anyone else but himself as that
progressive.
25 Per Cent Increase
In Population Shown
By Waterbury, Conn.
WASHINGTON, June 7.—Census
figures today? were: . Waterbury,
Conn., 91,4140, Increase, 18,269, or
25.0 per cent. Rome, N. Y., 26,341,
increase 5,844, or 28.5 percent. Bur
lington, Vt. 22,779, increase 2,311,
or 11.3 per cent. Bellingham,
Wash., 25,570, increase 1,272 or 5.2
per cent.
Weymouth, Mass., 15,057; increase,
2,162, or 16.8 per cent.
United States’ Share
Os Hun Reparation •
Bonds $500,000,000
PARIS, June 7.—The share of the
United States in the first twenty
billion marks of reparation bonds
which Germany is required to issue
under the Versailles treaty will be
about $500,000,000, it was stated here
today.
This sum, it was explained, will
be for the first twenty months’ oc
cupation of the Rhineland by Ameri
can troops.
FARM XANDS JF OB SAM.
A FINE FARM AND TOWNSHIP FOR SALE
840 ACHES, at Holton, Ga.. 7 miles north
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ideal for stock raising, truck, grain or cot
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good tenant houses', very fine timber on this
place; splendid top-soiled road from Macon
through this place, j which connects with
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G.-~ Anderson. Athens, Ga.
GOOD farm wanted. -Send description and
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Healed by ANTI-FLAMMA—a soothing anti
septic Poultice. Draws out poisons, stops
itching around sores and beals while you
work. Write today describing case and get
FREE SAMPLE. Bayles Distributing Co.,
1820 Grand Ave., Kansas City, Mo.