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COTTON NEW YORK, Oct. 15.—The cotton market ahowcd renewed weakness at the opening to day, first prices showing declines of 15 to 65 points, which carried the active months to ' new low records. December broke through the 20c level, selling at 19.90 c, while Jan uary touched 19.10 c in response to weak Liv erpool cables, nervousness over the British coal situation, good weather in the belt, continued hedge selling, and the statement of Secretary Houston with reference to financing commodities held for higher prices. There was heavy covering at the decline, however, and prices showed rallies of 30 or 40 points from the lowest of the first half hour. The midmorning rally extended to 20.35 c for December and 19.65 c for January, or about 45 to 50 points above the early low level. Some trade buying was reported, but sentiment was unsettled by conflicting reports concerning the British coal situa tion and the announcement of another cut in the price of one of the leading brands of cotton goods. This reflected in renewed selling as soon as the profit-taking of shorts subsided and the market later in the morn ing was less active, with prices sagging back to nearly the previous low point. No improvement was reportM in the spot demand, but a smaller volume of hedge sell ing was attributed to more general holding by growers in. the south and some trade " buying was reported on the decline. This gave the market rather a steadier tone during the afternoon, and business was comparatively quiet around 2 o'clock, with prices ruling about 53 points lower to 5 points net higher. NEW YORK 00TT0N The following were the ruling prices la the exchange today: Tone, easy middling, 22c, steady. Last Prqv. Open High. t*>w. Sa'- "’»« Close. Jan. .. 19,15 19-.90 19.10 19.58 19.50 19.75 Mar. ~ 19.05 19.68 19.00 19.31 19.30 9.45 May .. 9.0i5 19.65 19.00 19.23 19.23 10.35 July ~ 18.95 19.30 18.90 18.95 18.95 .... Oct. .. 20.31 20.52 20.21 20.21 20.10 20.66 Dec. .. 20,10 20.45 10.90 20.00 20.00 20.50 •NEW ORLEANS COTTON NEW ORLEANS, Oct. 15.—Poor cables and the announcement of four days’ run ning time for English mills caused an early drop of 49 to 72 points in the price of cot ton today, which carried December off to 19.18 c. Very bad weather in the western belt, with rainfall up to nearly 8 inches, Tnyler, Tex., reporting 7:86 inches, and the ■ fear that the rains would spread to the east- ■ era belt, caused a buying wave and substan tial recoveries, so that at the end of the first honr of business prices were at a net loss of 9 to 23 points. The continued re fusal of government banking officials to aid the holding movement among growers seemed to prevent the market from gaining any real «trength. • Cablegrams from England saying that the eoal strike would go into effect tomorrow caused fresh selling under which the mar ket fell off to about the lowest levels again. Realizing by shorts set in and at 11 o’clock net declines amounted to 20 to 33 points. The rumor that President Wilson had or dered an investigation of agricultural con ditoins in this country was received favor ably and prices bulged to levels 10 points under to 11 points over the close of yes terday, December trading np to 19.90 c. In the last quarter hour of the day the mar ket softened under fear of what tomorrow would bring in the coal alt'ke situation in England and prices fell off about 50 points from the highest. NEW ORLEANS COTTON The following were the ru.L "c-es in the exchange today: Tone, easy; middling, 20.25 c, quiet. Last Prev. Open High. Ix>w. Sale. Close. Close. Jan. .. 10.15 19.48 18.80 19.05 10.02 19.58 Mar. .. 18 93 19.26 18.70 18.85 18.85 19.30 May .. 18.65 19.16 18.56 18.60 18.60 19.05 July .. 18.44 18.88 18.35 18.35 18.35 18.83 Oct. .. 20.00 20.14 20.00 20.14 20.10 20.50 Dec. N 19.52 19.90 19.18 19.38 19 »’ 19.90 NEW ORLEANS SPOT COTTON NEW ORLEANS. Oet.\ 15.—Spot cotton, ’ Steady. 50 points lower. Sales on the spot, 1.506* bales: to arrive. 1,380; low middling, 13.75 c; middling, 20.25 c; good middling. 32.5 c; receipts. 4,546; stock, 227,257. SPOT COTTON MARKET Atlanta, steady, 21c. New York, quiet, 22c. New Orleans, steady, 20.25 c. Philadelphia, steady, 22.25 c. Norfolk, steady, 20.50 c. Savannah, steady, 22.25 c. St. Louis, steady, 22.50 c. Houston, steady, 21c. Memphis, steady, 21c. Augusta, steady. 21.63 c. Lfittle Rock, steady, 21.50 c. Dallas, steady, 20.60 c. Mobile, steady, 20.75 c. Charleston, steady, 22c. Wilmington, steady. 21c. Boston, steady, 23c. ' Galveston, steady, 22.30 c. ATLANTA SPOT COTTON Atlanta spot cotton 21c Receipts Shipments 755 Stocks 12,751 AMERICAN COTTON AND GRAIN EXCHANGE COTTON QUOTATIONS The following were the opening, highest, foweet, close and previous dose quota tiona on the American Cotton and Grail txebange of New York: Open. High. Low. Close Close Jan 19.40 19.90 19.10 19.50 20.75 March".. 19.15 19.68 19.00 19.30 19.55 Mav ... 19.15 19.65 19.00 19.20 19.40 Oct .... 20.31 20.52 20.21 20.21 21.66 Dec 20.25 20.45 19.90 20.00 20.55 LIVERPOOL COTTON Tone, steady; sales, 4,000; good middling, 17.92 d. Prev. Open. Close. Close. January 1420 H-S2 February 14.1- 14.41 March 13.90 14.03 14.31 ¥„ ril 14.81 14.95 14.20 M„v 13.78 13.88 14.10 L June 13 70 14 01 ’ Jnly 13.60 13.71 13.91 August’ 13.56 13.73 *Tur bpr ..r::::..Um K November .... 14.20 14.24 14 57 December .'..... 14.24 14.24 14.56 LIVERPOOL COTTON STATISTICS LIVERPOOL. Oct. 15.—Weekly cotton Statistics: • „ . , Total forwarded to mills, 39,000 bales, of which American was 34,000. Stock, 812,000 bales; American, 450,000 bales; imports. 27.000 bales; American 18,- 000 bales; exports. 4,000 bales. ATLANTA COTTOLSEID PRODUCTS MARKETS (Corrected by Atlanta Commercial Exchange) Crude oil basis prime, tank lots ■ $ 8.00 $ 8.25 Cotton seed cake, 7 per cent car lots 34.50 C. S. meal. 7 per cent am- monia, car lots 42.00 44.00 . C. S. tneal. Ga. common rate point, car lots 42.00 44.00 Cottonseed hulls. sacked. car lots ~. 16.00 18.00 Cottonseed hulls, loose, car lots 12.00 14.00 Linters, first cut. high-grade lota, 4<jj6c. ' Linters, clean, mill run, 2@3c. Linters. No. 3. l@l%c. THE ATLANTA TRI-WEEKLY JOURNAL. GRAIN t CHICAGO, Oct. 15.—Absence of export ■ demand in the United States, together with i word that government pressure was being > brought to bear in Canada to increase the i crop movement there, had a depressing • 1 effect today on wheat prices here. Opening • quotations, which ranged from %c to 2c i lower, were followed by a slight sag and then by a fresh downturn lower than before. : Wheat closed excited, 8% to 10% higher, i Corn was easier with wheat. • Corn closed strong, 2 to 3&c net higher. Oats were relatively steady but dull. -Higher quotations on bogs strengthened ! provisions. CHICAGO QUOTATIONS The fol’swlng were the ruling prices in the exchange today: Prev Open. High. ■ Low. Close. Close WHEAT— Dec 2.06 2,21 2.05 % 2.17% 2.07% : Mar 2.03 2.15 2.00% 2.12% 2.03% 1 CORN— Oct 89 92 % 89 92 % 89 1 Dec 86% 90 85% 89% 86% ' May .... 90% 93% 89% 92% 90% DATS— Dec. .... 56 57% 55% 57% 56 May .... 60% 62 60 % 61% 60% FORK— Oct 25.00 23.50 Nov 26.00 23.50 LARD— Oct 20.50 20.62 20.45 20.62 20.45 Nov 20.17 20.25 20.20 20.20 .... Jan 17.40 17.47 17.25 17.47 17.30 RIBS— Oct. 17.00 17.25 Jan 15.50 15.55 15.45 RECEIPTS IN CHICAGO Today. Wheat 21 cars Corn 163 cars Oats 118 cars Hogs 16,000 head CHICAGO CASH QUOTATIONS CHICAGO. Oct. 15.—Wheat, No. 1 hard. 2.17% @2.10%; No. 3 mied, 2.14@2.15. Corn, No. 2 mixed, 91%@93%; No. 2 yellow, 93%@95%. Oats, No. 2 white, 55%@55%. Rye. No. 2. $1.706@1.71%. Barley, 90@1.05. Timothy seed, 5.00@6.50. Clover seed, 12.00@20.00. Pork, nominal. Lard. 20.72. Ribs, 17.00@18.50, ST. LOUIS QUOTATIONS ST. LOUIS, Oct. lu.- —Cush wheat: No. 2 red winter, $2.39; December, $2.18% bid; March, $3.13%. Corn—No. 2 white, 93%c; December, SB%c; May, 92%c Oats—No. 2 white, 57%c; No. 3, 57@57%c; December, 57%c; May. 62% bld. GRAIN MARKET OPINIONS Bartlett, Frnzier & Co.: We prefer sales of corn on rallies. Hnrlburd, Warren & Co.: We look for steady pressure of corn on tbe market, with free selling on advances. Harris, Winthrop & Co.: We believe all hard spots should be regarded as favorable selling opportunities. CHICAGO PRODUCE MARKET CHICAGO, Oct. 15.—Butter: Creamery ex tras, 54%c; creaemery standards, 52c; firsts, 45@53c; seconds, 40@42c. Eggs—Ordinaries, 40@’55c; firsts, 57% @sß%c. \ Cheese—Twins, 25%c; young Americas, 26c. Potatoes—6B cars; Wisconsin and Minne sota (per 100 lbs,), $1,60@1.75. COTTONSEED OIL MARKET . Opening. Closing. Spots 11.00 bid Jan 12.02@12.04 11.84@11.87 Feb 12.02@>12.15 11.87@11.91 Mar 12.03@ 12.07 11.95@11.97 April 12.00@12.10 11.95 12.10 May 12.10@12.20 12.08@12.15 Oct 11.25@12.00 11.40@11.75 Nov 11.30@11.80 11.35@11.50 Dec 12.08@12,1l 11.80@11.84 Tone, steady; sales 21,400. SHEPARD & GLUCK COTTON LETTER NiSv ORLEANS. Oct. 15.—Reports that the cool strike in England would go into ef fect tomorrow had a depressing effect on cotton today, offsetting the influence of ver heavy rains in the westerrn belt and pros pects of unsettled to rainy weather over a considerable area of tne cotton country, but after mid-session some steadiness was nc r quired oh the rumor that President Wilson had ordered an Investigation into agricul tural conditions in tills country. With the news so conflicting it looks like a trading market for the near future. NEW YORK COFFEE MARKET Close. January 6.00<W6.50 February 6.67@f1.73 March 6.95@f1.96 April 7.00@7.11 Mav ...I 7.24@7.25 June 7.7@7.40 July 7.53@7.55 August .... 7.63@7.65 September .... 7.73@7.75 October .. 6.00@6.05 Novemeber 6.00@6.15 December •.. 6.25@f1.26. NE WYORK, Oct. 15.—Spot coffee, 6%c. NEW YORK PRODUCE MARKET NEW YORK, Oct. 15, —Flour, quiet and unchanged. Pork, steady; mess. $30.00@31.00. Lard, firmer; middle west spot, $21.35@ 21.45. Sugar, law, dull; centrifugal, 96 test, 8.09! refined, dull; granulated, 11.00. Coffee. Rio No. 7, on spot, 7c; No. 4 San- , tos. 11%@12e. Tallow, steady: specials, 9c; city, Bc. Hay, steady; No. .1, $1.80@1.90; No. 3, $1.60@1,65; clover, $1.30@1.85. Dressed poultry. Irregular: chickens, 32@ 50c; fowls, 26@42c; ducks, Lond Island. 38c. Live poultry, irregular; geese. 25c; ducks, 25@28c; fowls, 20@32c: turkeys. 40c; roost ers, 20c; chickens, broilers, 2fl@2Bc. Cheese, unsettled: state milk, common to specials, 20@29c; skims, common to specials, 10@ 20c. Butter—Steady; receipts 267: creamery, extra. 59@59%c; do. special market. 60@ 60%c; state dairy, tubs: imitation cream ery, firsts, 42@50c, nominal; Argentine, 47@50c. , Eggs—Unsettled; receipts 11,385; near-by white fancy. $1.03@L05; near-by mixed fancy. 58@84c: fresh firsts, 63@71c; Pa , eific coast, 65c@51.00. > NAVAL STORES SAVANNAH, Ga., Oct. 15.—Turpentine, nothing doing: last sale October 9, $1.19; re- I ccipts, 232: shipments. 26; stork, 21,063. i Rosin. sales, 529: receipts, 036; ship ! ments, 70fr stock, 48,901. Quote: ,B. D. E, ’ F. G, H. 1..K. M, N, window glass, $10.85; ; water white, .<10.87%. NEW YORK SUGAR MARKET Close. 1 January 7.77@7.80 . February 7.55@7.fi0 c March 7.55@7.60 , April 7.60@7.70 May 7.75 @7.80 October 7.80@7.90 November 7.80@7.90 December ........ 7.80@7.85 . NEW YORK. Oct. 15.—Raw sugar, rom ' lf»r. Refined, steady and unchanged. Fine j granulrited, 11 cents. Liberty Bonds NEW YORK, Oct. 15.—Liberty bonds ) closed: 3%’s .$ 92.40 1 First 4’s 89.30 Second 4’s 89.10 J First 4%’s 89.70 Second 4%’s 89.30 ) Third 4%’s 90.80 . Fourth 4%'s 80.34 Victory 3%’s 96.12 Victory 4%’s 96.06 Cotton Consumed During September 457,647 Bales vs. 491,069 Last Year WASHINGTON, Oct. 14. —Cotton consumed during September amounted to 47,647 running bales of lint and 37,121 bales of linters, the census bureau announced today. Consumption in September last year was 491,069 bales of lint and 23,182 of linters. Cotton on hand September 30 in consuming establishments amounted to 907,288 bales of lint and 256,665 bales of linters, com pared with 1,067,970 lint and 251,102 linters on September 30 last year; in public storage and at compresses 2,792,152 bales of lint and 341,975 linters, compared with 2,502,307 of lint and 227,185 of linters. Imports during September were 20,004 bales, compared with 54,342 a year ago. Exports were 228,068 bales, including 1,445 bales of linters, compared with 236,694 bales, including 3,683 of linters in Septem ber a year ago. Cotton spindles active during September numbered 34,040,806, compared with 34,219,991 in September a year ago. WILSON SEEKS FULL DATA ON WHEAT DECLINE WASHINGTON, Oct. 15.—Presi dent Wilson has requested Governor Allen, of Kansas, to forward to the federal trade commission any infor mation he has tending to indicate that the recent decline in wheat prices was due to unfair practices, or competition or to other artificial causes. A letter to this effect sent today by Secretary Tumulty was in answer to many appeals for government ac tion looking to an embargo on Cana dian wheat. These were referred sometime ago to the commission and the department of agriculture. Mr Tumulty’s letter to Governor Allen said: “The president has received your telegram of October 6 with •reference to the wheat situation, and has re ceived a number of others of similar tenor. He fully recognizes the im portance of the questions you raise, and he has, therefore, reqquested the federal trade commission and the department of agriculture to look into the matter at the earliest pos sible moment with a view to deter mine what, if anything, can be prop erly done. In the meantime, he will appreciate it if you will be good enough to forward to the federal trade commission any information in your possession, which, in your opinion tends to indicate that the re cent decline in wheat prices is due to unfair practices or competition, or to other artificial causes.” WHEAT ADVANCES AFTER QUERY BY WILSON CHICAGO, Oct. 15.—Wheal wi'e a big advance in price today, after news became public that President Wllso asked Governor Allen, of Kansas, for information which might indicate that the recent big fall in the value of wheat was due to any artificial cause. December delivery ran up 13 to 13 1-4 cents, to $2.21, and closed unsettled at $2.17 1-2 to $2.18 L 2. Atlanta Live Stock (Corrected by the White Provision Com pany) Good to choice steers, SSO to 1,000 pounds, $8.50@,9.50. Good steers, 750 to 850 pounds, $7.50@ 8.50. Medium to good steers, 750 to 850 pounds, $7.00@’8.00. Good to choice beef cows, 750 to 850 pounds? $6.50@7.00. Medium to good cows, 650 to 750 pounds. $5.50@6.50. Good to choice heifers, 550 to 650 pounds, $6.00@0.50. The above represents ruling prices os good quality fed cattle. Inferior grades and dairy types quoted below: Medium to good steers, 700 to 800 pounds, $6.50@7.50. Medium to good cows, 600 to 700 pounds, $5.00@0.00. Mixed common cattle, $3.50@4.50. Good fat oxen, $5.00@6.00. Good butcher bulls, $4.00@6.00. Choice veal calves, $5.50@6.50. Yearlings, $4.00@4.50. Prime hogs, ICS to 225 pounds? $14.25@ 14.50. Light hogs, 120 to 165 pounds, $13.25@ 13..’>0. Heavy pigs, 100 to 130 pounds, $12.25@ 12.50. Light pigs, 80 to 100 pounds, $11.25@ 11.50. The above applies to good quality fed hogs. LIVE STOCK BY WIRE CHICAGO, Oct. 15.—Cattle —Receipts, 6,000; market dull; few sales made at steady prices; top, $17.75; bulk, good and fairly choice, $15.50@17.40 grassy kinds, draggy, $9.00@14.50; butcher cows, draggy and un even, $5.50@9.75; common heifers, weaker; canners, $3.75@4.25; bologna bulls, $6.00@ 0.75; calves, steady; choice vealers, $15.00 @15.50, mostly; top, $16.00; Stockers and feeders, steady. Receipts westerns and Canadians, $15.00; market slow, steady. Hogs—Receipts, 16,000; active, mostly 15 to 25c higher than yesterday’s average; common grades up most; top. $16.00; bulk liglit and butchers. $15.50@ 15.95; bulk packing sows, $14.35@14.65; pigs, mostly ! steady to 25c lower. Sheep—Receipts, 7.000; fat stock steady; I top native lambs, $12.25; hulk, sll.oo© ! 12.00: mostly choice westerns on sale, best quotable. $13.00: top native ewes, $6.00; bulk, $5.25@5.75; sheep, steady. EAST ST. LOUIS, Oct. 15.—Cattle—Re ceipts, 20,000; no early sales: heifers, easy; canners, cows, steady, at $3.25@3.75; bulls, slow; calves. 50c lower; good and choice vealers, $15.00@15.50. Hogs—Receipts, 7,000; steady: top. $1615; bulk, liglit and medium weights, $15.25@ 16.00; bulk, heavies. $15.10@15.90. Sheep—Receipts 6,500, steady; top lambs, $1.50; bulk. $10.00@1.00; top ewes $5.50; bulk. $4.00@5.00. LOUISVILLE, Ky.. Oct. 15.—Cattle: Re ceipts 200. slow and lower; prime heavy steers, $10.00@12.00: beef steers, $7.00@ 10.00; heifers. $6.00@9.50; feeders, $7.00® 10.50: Stockers. $5.00@'9.00. Hogs—Receipts 750; steady: 165 pounds np, $15.75; 120 to 165 pounds, $15.00; 90 to 120 pounds, $11.25 : 90 pounds down, $9.75; throwouts, $11.50, down. Sheep—Receipts 100, steady; lambs, $11; sheep, $5.00 down. HARDING BACKED BY AMERICA’S FOES, ACCORDING TO COX COLUMBUS, 0., Oct. 15.—Severe arraignment of forces which he said were supporting Senator Harding was made by Governor Cox here to night in an address at the state fair grounds coliseum, closing a stren uous day of campaigning in his home state. “The candidate of the senatorial ring has behind him today the most motley array of questionable groups and influences that ever were behind a Candidate—an array that to sur vey brings tffe crimson blush of hu miliation to an American,” the Demo cratic presidential candidate de clared. . More than a dozen “parties,” in cluding the “pro-German,” the “Afro- American," the “anti-League of Na tions,” the “profiteer,” the "Liberty bond speculators,” and other alleged groups are backing Senator Harding, the governor asserted. Emphasiz ing that special racial group appeals were being made, Governor Cox said that the Afro-American movement in cludes “false claims that it can bring social equality,” , ENCOURAGING NEWS FROM WASHINGTON GIVEN TO FARMERS (Continued from Page 1.) strued as a most favorable augury in the cotton movement. Committees Appointed Following the announcement of the attitude of Georgia spinners, Presi dent R. W. Mattox, of the Georgia divj«’«pr American Cotton as- sociation, who presided over the meeting, announced the following committees: On resolutoins—J. J. Brown, J. S. Milner, M. L. Johnson, E. J. Nolan, H. L. D. Hughes. On export corporation—Martin F. Amorous, W. L. Brown, W. A. Bran an, J. T. Freeman, Dr. L. G. Hard man, J. A. Moss, W. O. Bobo, J. Frank Harris, J. W. Andrews. On co-operative marketing—Har vie Jordan, L. B. Jackson, W. T. Bennett. Gordon Wilson, J. P. Wise, Jr. On cotton acreage—Young Gray, J. Robert Mitchell, A. N. Brown, A. C. Moreland. C. L. Howard. The meeting was attended by a gathering which practically filled the seating capacity of the house of representatives in the state capitol. It included prominent farmers, mer chants, bankers, cotton manufactur ers, newspaper editors and others from all parts of the state. Among those present were the fol lowing: Paul Flynt, farmer, Spalding coun ty; C. A. Cobb, editor Southern Ru ralist, Atlanta; J. P. Walker, plant er, Spalding county; O. B. Walker, planter, Spalding county P. E. Glenn, secretary and treasurer of the Geor gia Cotton Manufacturers’ associa tion; Allen Smith, cotton manufac turer, Griffin: W. H. Chapman, farm er, Bartow county; J. A. Dean, farm er, Houston countp; C. A. Adams, merchant, Thomas county; B. F. Johnson, Atlanta, paint manufactur er; J. A. Brown, merchant and farm er, North Carolina; Martin Amorous, formerly mayor pro tern of Atlanta, now a * prominent planter of Cobb county; W. L. Brown, farmer and cotton merchant, Gwinnett county; T. Bunn, farmer. Ware county; G. W. Patrick, farmer, Spalding coun ty; M. L. Johnson, farmer and leg islator, Bartow county; C. L. How ard, merchant and farmer, Ogle thorpe county; A. T. Jones, farmer. Mitchell county. A. C. Moreland, fanner and real estate man, Monroe county; J. M. Whitten, farmer, Carroll county; J. Frank Harris, banker, Thomas coun ty; J. E. Pierce, farmer, Carroll coun ty; H. L. D. Hughes, farmer and banker, Twiggs county; B. G. West moreland, farmer, Henry county; Haynes McFadden, Atlanta, secretary of the Georgia Bankers’ association; T. C. Jeffords, farmer and banker, Worth coupty; C. F. Duffee, farmer, Clayton county, and H. F. Braselton, farmer, merchant and banker, Jack son county. No Booze, No Guilt, Criminal Court Holds Inability of the police to produce liquor, taken as evidence, won lib erty for Margaret Speech in the city criminal cqurt Wednesday. It was claimed by the prosecuting officers that they found a quantity of whisky in a coffee ca nin the negro woman’s home. The attorney for the negress asked that the whisky be produced in court. The officers brought forth a nempty coffee can, but no whisky and the jury acquitted the woman on the ground there was no evidence against her. UNWILLING TO LEND MONEY TO SUSTAIN HIGH PRICE LEVELS (Continued from Faga 1.) a government agency which would Investigate the paper they offer," said Senator Smith. Mr. Wannamaker failed to state whether he approved of this govern ment’s borrowing money to loan Ger many to buy American cotton when pressed for an answer by Secretary Houston. Houston said he had work ed for eight years to establish ag n cies which would make marketing of crops easier and more profitable to the farmer. Farm products now are moving abroad at a quick rate, Mr. Houston showed by quoting ( export figures collected by the commerce depart ment which showed, he said, that during the first eight months of this shipments alone totaled $1,140,000. Failing to hear from the president regarding their reQuest for a special session of the cabinet to receive their complaints, following an unsatis factory conference with Governor W. r « j Harding, of the federal reserve board, the delegates to the cotton conference in session here, were in an unsettled and indignant frame of mind today. tJ'J Ve e Sl jK n ‘P 8181 that the secre tary of the treasury desist from making public statements that prices are falling,” said Charles S Bar of the national board of thirty farm organizations which convened the conference here. rmers not ashing special privileges. We re merely isking that the government through the treas ury or the federal reserve bank make it possible for us to obtain loans from banks vitally needed. Bankers J oan money on crops because of the danger of falling prices. This is a state of mind resulting from statements and predictions by gov ernment officials that prices are fall ing.” The farm officials today also plan ned to confer with Secretary of Ag riculture Meredith. Mr. Barrett said it is likely a per manent committee will be left here, when the national conference ad! journs, to watch the economic situa tion, and work for the agricultural interests. The delegates hoped as they met that they would be granted a hear ing before the full membership of the federal reserve board and its agents, assembled for the board’s regular fall policy conference. They desired to present their arguments before the board formulates its poli cy in so far as it affects credits to farmers. “An orderly process of marketing,” was a practical ultimatum delivered to the farmers’ conference late Wed nesday afternoon by Governor W. P. G-. Harding, of the federal reserve board, when a committee of two score members called to demand emergency financial assistance for the agricultural interests of the country. This visit of the so-called cotton conference commimttee, appointed by a conference representing not only cotton but also wheat, tobacco and other agricultural industries, called at the treasury department after the a on resolutions denunciatory reser ve board and the treasury department for restriction r' Credit on products. the resofutinna na ‘L? tio '’ adopted strong re solutions ca”'ng for a reduction of cotton production next year and demanding federal assistance in the endeavor of wheat farmers to hold h ML?i rOps /< Or a 13 a bushel price Meeting Governor HardinL at’ 1 o’clock, the sense of the farmers’ ato£ e F n D a ?,, c , om munlcated by Sen aior r>. Smith, of South Carnllm who yielded the floor abruptly when Governor Harding informed P him that initial! 1 b 9 u P a £ let 0 &>ve any def ™L te before next Saturday tkfnai d rates and addi ional financial aid for agriculture statement Promised Saturday Governor Harding explained that there was now meeting in Washing ton members of the federal reserve board and governors of the reserve system to consider the general ques tion of credits, covering agriculture and other industries, and it would be presumptuous for him to forecast what this conference would do re garding rediscount rates and other matters. He promised a statement not later than Saturday. „ “In that event,” said Senator Smith, “it is useless of me to con tinue my argument here today.” Governor Harding said that sec tion 11 (eleven) of the reserve act makes certain stipulations regard ing reserve requirements and that most banks in the cotton section were below these reserves. If these re serves were exceeded, he said, under the law there must be increased rates of discount, and Cleveland, Boston and other sections must furnish the money for such rediscount. Senator Smith observed that John Skelton Williams, comptroller of the currency, had recently reported an increase of Currency by $2,500,000,- 000. “Well, go to him • and find out where this is,” said Governor Hard ing, with considerable asperity, “I have never made any such state ment.” Senator Smith asked if the federal reserve board could not lower the rate of discount so that confidence might be re-established in agricul ture districts, and if the extra rate might not be waived under the law. “Members of the board and of ficers of reserve banks are now in conference,” said Governor Harding. “We will be in conference until Fri day. We hope to announce on Sat urday a definite policy with regard to this entire question and covering the remainder of the year. lam au thorized to make no statement today regarding rediscount rates or other matters.” Following this, Governor Harding made an analytical statement of finan cial conditions in Europe and Amer ica, aijd addressing the cotton, wheat and other agricultural products men present, he concluded with this ob servation. Haftling Advises “Orderly Mar keting” “All thiis talk about ruin in the agricultural districts is not helping the situation. I know that crops were produced at great expense and probably will have to be sold at a loss. The federal reserve board has not five cents to loan and the same applies to reserve banks. The sit uation, primarily, is up to the mem ber, bankers. I admit that it is not good banking if a member bank is unable to loan on the basis of the principal industry in its community.” “How can you say that?”, inter rupted Senator, of South Carolina. "When (statement after statement comes from high officials here in SATURDAY, OCTOBER 16, 1920. Washington that prices are going to break and the member bank natural ly holds its money waiting for bot tom prices?” “Take that up with whoever made that statement,” said Governor Harding. “I did not make it. The federal reserve board is in favor of orderly marketing.” “Does that mean selling below cost of production?” inquired L. B. Jack son. of Georgia. “Orderly marketing," said Gover nor Harding, “is meeting the market halfway and selling even at a loss In the end the average price will pull you out. Keep your products going and do not attempt to hold the whole thing back and to borrow money that will tie the whole crop up.” Governor Harding informed the farmers’ conference committee that he was a “southern man" and thor oughly in sympathy with the pres ent predicament of farmers, but that there were certain legal restrictions regarding tne functions of the fed eral reserve board. “All the abuse and criticism di rected at the federal reserve board does not affect me any and neither prejudices me for or against the farmer,” said Governor Harding. “The policy of the board has been grossly misunderstood and In some cases grossly misrepresented. This board has attempted no policy of deflation. It is true that in the var emergency there were artificial low rates to aid in the floating of gov ernment bonds. The interest rates were raised last January. Meanwhile, we have tried to stop speculative loans and to curtail the loans on Liberty Bonds and have brought about a reduction of about $490,000,- 000 in bond loans during the last year, and brought about a reduc tion of about a billion in speculative loans. “You must recall there has been a great cry in this country about the high cost of living, and the over all movement, as I recall, originated somewhere down south. Probably it should be admitted that prices were too high during the war period ind that they are too low in some In stances at present . . . But I see that down in my section the night riders are operating, and how cai you ask us to restore confidence? Folks are not anxious to loan money in communities where this night riding is allowed.” Hoke Smith's View Senator Smith, of South Carolina who was Introduced by Senator Hoke Smith, of Georgia, in charge of the arguments for the farmers’ confer ence committee, had previously ob served that in the south banks were chary about, and in some instances, refusing farm products loans. “This condition is natural,” com plained Senator Smith, “when men in high places here in Washington are issuing statements that the peaix has been reached in prices, that prices are bound to fall, and when nothing is being done to help the poor devil who is producing.” Senator Smith said that a manu facturer might reduce prices and pass the burden along to some one under him, whereas a farmer when hit by ruinous prices must stand it alone. The conference at the treasury de partment with Governor Harding, who said the entire board could not be presnt, followed a day of intense oratory at the second session of the farmers’ conference. Barrett’s Warning The climax of Wednesday’s ses sion was reached when Charles S. Barret, president of the Farmer’s «nia«i. exclaimed: “Unlfes- J’s get relief, hell is go ing to break iot«vc hi this country. I am not a radical, but a conservatiw. an optimist. A man is a fool to warn anybody, but I warn you that hell is going to be to pay unless something is done here today, and I say let her come.” Previous to this the conference had adopted resolutions strongly condemnatory of Secretary Houston and the reserve board for restric tion of credits and for issuing state ments bearing on prices of commod ities with which latter, it wa s con tended, the board had nothing to do. Previous to this, the special cot ton committee had presented the rev olutionary suggestion that no cot ton be planted next year unless there was a change in presnt conditions as to finances. This resolution was finally toned down to call for a re duction of acreage dependent upon the price of cotton at planting time, and urging a minimum use of fer tilizer. The conference had also adopted resolutions denouncing Secretary Houston and the federal reserve board for usurpation of authority in considering the price of commodi ties and unjustified restrictions of credits for agriculture. The confer ence called upon Secretary Houston and the board to cease issuing state ments relative to prices and to con £ P e .?.V e J r a S tivities to passing upon eligibility of paper offered sos re discount. The special wheat committee pre sented resolutions, which were also adopted, demanding federal assist ,n fencing wheat farmers in holding their crops for a price of $3 a bushel. SAYS PRICES WILL RISE IF BOARD HEEDS FARMERS CHICAGOO, Oct. 14.—Prices of necessities will soar to new high figures in case favorable govern nlerl,tal action is taken on demands of farmers in Washington for low ering of the federal reserve board rediscount rate and expansion of cr ®?i t ’ Eram men here predicted. If tne government acts favorably on the farmers’ demands it “ will mean high pries again,” said How ard Jackson, a mmber of Jackson brothers, grain firm. “The result would be disastrous. It would check the present price decline.” Seven Killed in Blast In House in Irish Village; Five Wounded DUBLIN, Oct. • 14. —Seven men were killed, five wounded and two are missing as a result of an ex plosion today in a house at Tintern, Wexford county, according to the of ficial report. The statement adds that It is be lieved they were experimenting with bombs. KIDNAPED JAILOR IS WELL TREATED CORK, Oct. 14.—A letter was re ceived today by Mrs. Thomas Grif fen, wife of a warden of Cork jail, who was kidnaped while on his waj r home last Sunday afternoon, saying that Griffen was being- well treated by his c-- ’ors and that he expected to be released in a few days. SOUTHEASTERN FAIR READY ON SATURDAY FOR GREAT THRONGS (Continued from Page 1) phenomenal to the average visitor who has not studied the economical value of the rabbit as a food pro ducer anu a fur-bearing animal. “Exhibits of collateral interest will be the labor-saving machinery of every character, which when in general use will revolutionize condi tions of farm life for the many as it is now doing for the progressive few. Tractors on which the operator can ride in comparative comfort, and when used In shifts of eight hours a day, work the full twenty-four without tiring, for they may be used at night as well as in daytime, so that the weather becomes a much more negligible factor in agricul ture. “Labor-saving devices and com forts for the farm home which make rural life infinitely more comfortable than urban existence. “The greatest automobile show In the south is staged in the Automo tive Industries building, using an other three and a half acres of floor space. “The Liberal Arts and Woman’s building is a duplicate in size of the auto building and here will be found all the accomplishments of the Girls’ Canning clubs and prod ucts of the domestic arts of ihe home, with a fine arts exhibit in which only the best in art is featur ed, together with a flower show. Sunday school work exhibit, Child Welfare work and many special fea tures intensely interesting. “Scarcely less important than the stock judging contest is the great Boys’ Fair school, which the South eastern fair established at its in ception; it is possible for two boys from every county in Georgia to at tend this school with all of their expenses paid, by winning in local contests in Boys’ club work. “Not less important and first in point of beginning is the Boys’ Corn show in the agricultural building. “The Grand Circuit Races are on ly sustained by one other fair in the United States —The Empire State of the rtorth. They close at Atlanta and the principle contd it ants take no part in the racing at the smaller fairs of the states. "To horse racing has been added automobile racing for three of the days of the fair. “For three nights there will be a great historical pageant, with five hundred characters. “The midway is the jester of the fair play; its multiplicity of fea tures embraces all the low comedy of the world and but few people have iron enough in their blood to withstand its blandishments. The midway of the Southeastern fair combining the regular attractions of Lakewood Park on Johnny Jones Ex position Shows, is positively the greatest midway on earth. “The finale of each night of the fair is a magnificent display of fire works prepared by an artist who Classified Advertisement •— I 111 I .* ’ learSTauto" AND TRACTOR BUSINESS In 6 to 8 weeks. Opportunities every where offering $l5O to S4OO a month. Twice more equipment and floor space used in daily practice training than any autd school in ‘America. 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BE A DETECTIVE—ExceIIent opportunity; good pny, travel. Write C. T. Ludwig, 168 Westover bldg., Kansas City, Mo. MEN wanted for detective work. Write J. Ganor, former govt, detective, 108, St. Louis, Mo. WANTED HELP— Male-Female U. S. government life positions; $l2O-S2OO month; vacation with pay; no strikes or layoffs: short hours; common education suf ficient; pull unnecessary. Write immediate ly for free list positions open. Franklin Institute, Dept. D-87, Itochester, N. Y. WANTED HELP- EEMALE WOMEN wanted, sl3a month; permanent government positions; vacancies constant ly; write immediately for list positions open. Franklin Institute, Dept. D-86. Rochester, New York. WOMEN-GIRLS —Become expert dress-cos tume designers. $45 week; sample lesson free. Write Franklin Institute. Dept. D-873, Rochester. N. Y, W ANTED—Agents. WANTED AGENTS—SeII washing tablets; washes clothes without rubbing; great seller; sample free. J. Johnson. 816 Greg ory, Greensboro, N. C." WA.NTEp—SALESMEN TOBACCO monthly and expenses for the right man. Experience unnecessary, as we give com plete instructions. Piedmont Tobacco Co.. M-17, Danville, Va. $1,200 Cash Secures Tobacco and Cotton Farm 1,000 POUNDS fine tobacco, bale cotton to acre, also melons, turnips, oats, berries, fruit; near live Georgia R. R. town; GO acres level fields, 2 crops yearly; 30 acres brook-watered pasture and w-ood, all-year grazing; fruit and berries; 2 sets comfort able buildings; owner unable occupy, quick buyer gets it at $3,000, only $1,200 ’ash, balance easy terms. Details this and other farms Georgia, Florida, many other states page 49 Strout’s Big New Illustrated Cata log Farm Bargains. Just out. Copy free. STROUT FARM AGENCY. 255-BA Candler Annex, Atlanta, Ga. FOR SALE—Pure Sugar Horse and Porto Rico molasses, 75c per gallon, in 60-gal bnrrels, 10-gal. kegs, 85c. Davis Wholesale Co.. Box 95, Columbia, S. C. MAGICAL GOODS, novelties, lodestone, herbs, cards. dice, books. Catalog free. G, Smythe Co., Newark, Mo. SAW mills, shingle mills, corn mills, water wheels, engines DeLoach Co., 549, Ab lanta, Ga. will put in two months work on the display at Lakewood. There will be \ pictures in fire; mammoth set pieces and comic devices to delight old and young. The sky program is made lip of aerial bombs, old glory shells, gushing geysers, heavenly search lights, comet shells, flirting butter fly rockets and diving devils. DontHaPw .No money now—just the coupon and we send thia smartly tailored skirt on approval—just to show you what Leonard-Morton values really are, A start line bartrtdn at our apacial price and you pay nothlns-aot ■ Navy Blue - Serge - ONLY KiHfes ' Smartest ®®wß MR wlr - MB 11 f®; ■■ iSg Wr- JMK WB Send Coupon While Bargain Price Lasts la a bargain that you simply mußt not mies. aents It back r r ’ and we will refund money. Don’t wait—eend coupon today. Give your alie. Sand tnq the handaonw Sanyo Skirt No. BXI4OO. 1 will pay tbe barren price, 11.®, and portage on arrival. If not aatla fled, I will return skirt and you will refund my moMg. ' W Waist Length.......... 4 Name Address FOB SALE—TBEES PEACH AND APPLE TREES AT BARGAI? ’ prices to planters in small or large lots b> express, parcel post or freight; tJOO.Otiii June budded peach trees; plum, cherries ;• pears, grapes, all kinds berries, nuts, etc.. ■ shade and ornamental trees, vines ano shrubs. Free catalogue. Tennessee Nur- .■> sery Co., Cleveland, Tenn.. Autos For Sale SEVERAL 1918 FORD TOURING CARS Rebuilt, new tires, repainted; must be sole ,y nt once. 761 Whitehall st.. Atlanta. Ga -.• Call for Johnnie Aikens. ONE FORD WORM-DRIVE TRUCK 1918 model, in A-l shape, new tires, chassis 'I panel or express body. 761 Whitehall st.. Atlanta. Ga. Call for Johnnie Aikens. FOB SALE—FABMM GOOD black cotton lands that produce larg est, finest crops. 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