Newspaper Page Text
Tri-Weekly Market Reports
COTTON
NEW YORK, Nov. 22.—The cotton market
•bowed continued nervousness and irregular
ity during today's trading. The opening was
■teady at a decline of 22 points to an ad
vance of 22 points with active • months sell
ing about 25 to 37 points net higher after
the call on covering. Liverpool buying and
buving for a reaction. The latter was en
couraged by the better tone of the opening
•took market and advance in sterling ex
change, but Liverpool was very weak after
an early advance, and there was a renewal
Os southern selling in the local market. Jan
uary soon eased off from 16.25 to 16.00 and
March from 16.20 to 15.85. or within a few
points of Saturday's closing. The census re
port showing 8,920,776 bales ginned prior to
November 14 was a shade over expectations
but was not considered an important factor.
Bearish southern spot advices and a re
newal of December liquidation weakened the
market later, and there wa sa break 'which
carried some positions into new low ground
for the season. December sold off to 15.55,
or 70 points net lower, while contracts for
delivery next October sold at 14.90. Cov
ering checked the decline around 15.43 for
January and there were rallies.of 30 or 3i>
points from the lowest toward midday, but
they were not fully sustained.
Reports of a better tone in the stock
market helped cotton during the early aft
ernoon and there Were rallies of 30 to 35
points from th elowest with January ruling
•round 15.73. Afternoon advices from Sa
vannah reported an improved spot demand.
NEW YORK COTTON
», The following were the ruling prices in
the exchange today:
Tone, steady; middling, 17.10 c, quiet.
Last Prev.
Open. High) Low. Sale. Close. Close.
Jan. ...15.75 16.25 15.43 16.20 16.15 15.88
Meh. ..15.75 16.20 15.35 16.08 16.05 15.83
May ...15.75 16.16 15.30 16.00 15.98 15.80
July ...15.70 15.98 15.15 15.75 15.75 15.55
' Dec. ...16.05 16.50 15.60 16.35 16.30 16.25
NEW ORLEANS COTTON
NEW ORLEANS, Nov. 22.—Heavier gin
ning returns from the census bureau than
expected, 8,920,776 bales to November 14.
were responsible for a drop of 4 to 20 points
in the prices of cotton around the opening
of the market today. Heavy profit taking
was done by shorts as prices fell and a quick
reaction resulted, the trading months recov
ering their losses and standing 26 to 42
points over. Saturday’s close at the end of
the first half hour of business. December
fell of to 15.20 and then advanced to 15.80.
The recovery did noto lasto. After the
ginning figures had been digested they
caused more selling than ever and the mar
ket broke again, this time to net declines of
29 to 57 points, December touching the new
low level for the season of lb. S 4 in the trad
•ing up to 11 o’clock.
Realizing by shorts and reports of a more
favorable financial situation in the interior
with some factors soliciting consignments
of cotton under the agreemerit to advance
loan* against them caused another upturn
•nd at 1:30 o’clock prices were 10 to 15
points higher than the close of Saturday.
• NEW ORLEANS COTTON
The following were the ruling prices in
the exchange today:
. Tone, steady; middling, 16c, steady.
Last Prev.
Open. High. Low. Sale. Close. Close.
Pan. ...15.10 15.68 14.70 15.46 15.48 15.27
Meh. ..15.20 15.61 14.71 15.42 15.40 15.26
May ...14.90 15.45 14.60 15.28 15.28 15.03
July ...14.80 15.27 14.55 15.15 15.15 14.84
Dec. ...15.25 15. SO 14.-82 15.48 15.45 15.40-
NEW ORLEANS SPOT COTTON
NEW ORLEANS, Nov. 22.—Spot cotton,
quiet. 25 points lower. Sales on the snot,
163 bales: to arrive, 1,250. Low middling,
11c; middling. 16c: good middling, 18.25 c.
Receipts, 9,579; stock. 376,766. .
SPOT COTTON MARKET
Atlanta, steady, 15.75 c.
New York, quiet, 17.10 c.
New Orleans, steady, 16c.
Philadelphia, steady, 17.35 c.
Norfolk, steady. 15.50 c.
Savannah, steady, 16e.
St. Louis, steady, 17c.
Houston, steady, IG.6s<‘.
Memphis, steady, 16.50 c.
Augusta, steady, 15.75 c.
Little Rock, steady. 10.50 c.
Dallas, steady, 14.80 c.
V Mobile, steady, 16.25 c.
Charleston, steady, 16e,
Wilmington, steady, 16c.
Boston, steady, 17.25 c.
Galveston, steady, IC.GSc.
Montgomery, steady, 16c.
ATLANTA SPOT COTTON
Atlanta spot cotton 15.75 c
Receipts 837
■lipments 564
Stocks 22,538
American cotton
AND GRAIN EXCHANGE
cotton quotations
The following were the opening, highest,
lowest, close and previous close quotations
on the American Cotton and Grain Exchange
Os New York:
Prev.
Open. High. Low. Close. Close.
lan. ... 15.88 16.25 15.43 16.18 15.88
tfeh. ... 15.82 16.20 15.35 16.05 15.82
Hay ... 15.78 16.16 15.30 15.97 15.78
Inly ... 15.65 16.00 15.15 15.70 15.55
Dee. ... 16.05 16.50 15.55 16.28 16.27
LIVERPOOL COTTON
Tone easy; sales 4,000; good middling,
14.71 d.
Prev.
Open. Close. Close
, Jan 11.63 11.48 11.67
Feb 11.41 11.61
March 11.57 11.37 11.57
April 11.33 11.53
Hay 11.48 11.29 11.50*
June .... 11.25 11.46
July 11.40 - 11.21 11.42
Aug 11.13 11,32
Sept '. 11,05 11.20
Oct 10.98 11.15
K«v 12.18 11.59 11.75
Dec. 11.88 11.50 11.70
COTTONSEED OIL MARKET
Open. Close,
foots 8.50 bid
January .. •• •• .. 8.93® 8.95 8.98® 9.00
February ..... 8.95®1).15 9.05d19.20
•larch - 9.20W9.25 0.27® 9.29
Ap-ii 9.30®9.40
Hay 9.39® 9.42
June .... •••• ..... 9.40®9.60
November .... 8.70®9.50 8.78® 9.50
December .f., ..... 8.55®8.69 8.75®5.90
** ATLANTA COTTOI.SEj-D PRODUCTS
MARKETS
[Corrected by Atlanta Commercial Exchange)
Crude oil basis prime, tank
lots 6.00 $6.25
Cotton seed cake. 7 per cent
car lots ... ... ....... nominal
|l. S. meal. 7 per cent am-
mouia. car lots 38.00 40.00
C. S meal Ga. common
rate point, car lots .. .. 38.00 40.00
‘ Fottunsped hulls. sacked.
car lots V' 17.50
Cottonseed hulls, loose, car
lots 11.50 13.50
Linters, first cut. high-grade lots. 4®6c.
Linters, clean, mill run. I®l%c.
Linters. No. 3. %c.
SHEPARD & GLUCK COTTON LETTER
NEW ORLEANS. Nov. 22.—During a good
part of the session in cotton today prices
rrere depressed as the result of the larger
•inning to November 14, than expected, but
there was much realizing by shorts on the
■leelincs and following the decline on the
Opening, and again in the afternoon there
rere net gains. Lute in the day prices were
10 to 15 points higher than the finale of
Saturday. At the lowest, levels the trading
months were 29 to 57 points under Saturday s
'■los" The more distant months did not
•lake new low levels for the season, July
leading ns low as* 14.55. but December
reached the new low of 14,84 c.
NEW YORK COFFEE MARKET
. NEW YORK, Nov. 22.—Spott coffee,
' 7 ’ 116 - s r;
> Open. Close,
lanuarv 6.63(7(6.83 6.62(7f6.63
•ebreary .. 6.86'1(6.87
March -• ■■ 7-10
Mav . . .. 7.51 7.510(7.52
June 7. .. 7.60® 7.68
Inlv .. ■■ 7.50 7.83(717.84
August’ - 7.930/7.94
Wtember 8-05
Jwtooer --•• 2'l??c If
Novemoer 6.40 6.20<7( 6.3->
December 6.3a 6.38®6.39
NEW YORK SUGAR MARKET
NEW YORK, Nov. 22.—Raw sugar, un
changed. Refined quiet and unchanged at
) to 0.50 for fine granulated.
Open. Close.
January 4.91 5.15®.j.16
Pezmarv ,■ • ...... 4.90 . 1 .*>. Ih
larch 7 4.90 5.00® 5.16
Aorfi 5.20® 5.25
llav 5.00 5.27® 5.28
June 5.33®5.36
•July 5.15 • ..........
November 5.00®5.10
December ........ 4.75 5.00@5.10
THE ATLAATA Till- vv wskLY JOLii <AL.
Cotton Ginned Prior to November 14,
8,920,776 Vs. 7,604,320 Last Year
WASHINGTON, Nov. 22. —Cotton ginned prior to November 14
amounted to 8,920,776 running bales, including 177,212 round
bales, 31,495 bales of American-Egyptian and 977 bales of Sea
Island, the census pureau announced today.
Last year to November 14, ginnings amounted to 7,604,320
I bales, including 84,241 round bales, 19,009 bales of American-
Egyptian and 4,231 bales of Sea Island.
Ginnings by states to November 14:
1920. 1919. 1918. 1917.
'‘Alabama 505,936 571,703 620,617 3<8,6(7
Arizona 40,423 26,848 13,226 5,873
Arkansas 675,192 .478,011 629,993 644,096
California 25,096 26,132 25,013 17,394
Florida 15,278 14,920 19,527 39,906
Georgia 1,167,340, 1,455,40(T 1,629,944 1,480,631
Louisiana 300,119 230,564 409,3/8 495,071
MissisiDDi 609,809 625,612 187,630 • 620,100
Missouri 35,634 28,943 33,429 30.187
North Carolina - . 501,634 604,929 527,984 378,214
Oklahoma 614,626 486,020 435,30 i (00.636
South Carolina 1,097,797 1,186,080 1,099,329 423,175
Tennessee 165,390 156,735 189,644 126,395
Tem ’ ’ 3,156.773 1.659.725 2,250,986 2,698,838
vf r Xi a 6439 14,574 16,468 9,081
All°other states 3,766 1,630 2,110 2,836
Total 8,920,776 7,604,320 8,706,420 8,571,115
Commodity Prices
Continue Downward
Continuance of the downward readjustment
of commodity prices remains a conspicuous
feature, this week’s recessions in the ex
tended list of wholesale quotations compiled
bv Dun’s Review numbering 80, as against
onlv 10 advances. More irregularity pie
vailed in the grain markets, wheat and rye
showing early improvements under the in
fluence of reports that Europe would soon
begin active buying, but later on losing all
of the gain. Corn, oats and barley, were
weakened by more liberal marketings, in lite
meats, beef and hogs eased off in response
to rather freer offerings, while sheep were
depressed by relatively larger arrivals.
Weather conditions resulted' in q slightly
better demand for provisions, but price
changes were not particularly important ana
about offset each other. Scarcity of fresh
eggs sent the best stock up close to record
figures, while some advance was established
in highlgrade butter, and cheese, was very
firmly hold. Quotations on iron and stee.
continued to recede, and weakness again pre
dominated in the minor metals, tin being
especially easy. Announcement of further
price concessions in textiles was not unex
pected, and the yielding in hides and leather
has been extended, although there is hardly
enough buying power to really test the mar
ket, and prices are more or less unestab
lished. In rubber, the reactionary tendency
has continued. ,
Hog Prices Reached
Lowest Since 1913
INDIANAPOLIS, Nov. 22.—Hog prices
reached the lowest level since 1918 on the
local market today when quotations ranged
from $10.75 to $11.40.
CHICAGO. Nov. 22. —Hog prices continued
sensational declines on the Chicago market
todav. With 52,000 receipts, the market
opened off 50 cents and continued to drop
during the early trading. There was little
bidding. The average sales were at $11.40.
•KANSAS CITY, Nov. 22.—Hog prices
reached a new low on the Kansas City mar
ket today. At the opening losses of from
25 to 40 cents were recorded, the average
sales being at $10.40 to $11.15, a nw low
for tiie last four years. This is a break
of $12.25 from the high mark of July £)l9
—a drop of more than§so per cent.
EAST ST. LOUIS. Hl. Nov. 22.—Hogs hit
a new low here today when they sold from
$9.50 to $11,35, off 30 to 50 cents from Sat
urday’s average.
Atlanta Live Stock
(Corrected by W. H. White. Jr.. Pres.
Provision Company.)
Good to choice steers, 850 to 1,000 pounds,
$8.00@8.5Q.
Good steers. 750 to 850 pounds, $7.00@
7.50.
Medium to good steers, 750 to 850 pounds.
$6.50® 7.00.
Good to choice beef eows, 750 to 850
pounds, $5.50®6.50.
Medium to good cows, 650 to 750 pounds,
$5.00® 5..“0. •
Good to choice heifers. 550 to 650 pounds.
$5.00@5.50.
The above represents ruling prices on good
quality fed cattle. Inferior grades and dairy
types quoted below.
Medium to good steers, 700 to 800 pounds,
$6.00® 6.50.
Medium to good cows, GOO to 700 porfhds,
$4.00®4.75. /
Mixed common cattle. $2.75®3.50. “
Good btiicher bulls, $3.50(g'5.00.
Choice veal calves. $5.00®6.00.
Yearlings, $3.00@3.50.
Prime hegs, 165 to 225 pounds, slo.oo@
10.25.
Light hogs. 130 to 165 pounds. $9.00®9.25.
Heavy pigs, 100 to ISO pounds, $8.50®5.75.
Light pigs. 80 to 100 pounds, $5.00®8.25.
The above applies to good quality fed
hogs. _
LJVE STOCK BY WIRE
( CHICAGO, Nov. 22.—Cattle—Receipts,
31,00 Q; good cornfed very scarce and high
er: other classes opening slow around steady:
about one-third of receipts western and Ca
nadian: heavy kosher cows and canners.
steady: iu-between cows and heifers slow to
lower: bulk native beef steers. $8.75®13.50;
bulk westerns, $7.00®8.50; few fat cows
above $7.50; bulk, $4.50@6.75; canners.
mostly $3.25®3.60: good bologna bulls,
strong to higher: others slow: veal calves,
25c to 50c lower: feeders about steady.
Hogs—Receipts, 52,000; market semi-de
moralized, mostly 60 cents to 75c lower than
Saturday’s average: top early, $11.40; hard
to beat $11.45 later; bulk of sales, $10.75®
11.26: utgs 25c to 40c lower; hulk desirable
100 to 130 pounds pigs. sll.oo® 11.23.
Sheen—Receipts. 41.000; fat lambs open
ing 50c lower: top fed westerns. $11.25:
bulk natives, $10.00®11.00; fat sheep, slow,
unevenly lower: bulk native ewes. $4.00®
4.50: feeders steady to 25c lower; top feeder
lambs. $12.00.
EAST ST. LOUIS, Nov. 22.—Cattle: Ke
ceints, 6.500; steers, steady to strong; only
a few here; quality common; best price paid,
$9.25; bulk, $8.00®'9.00: beef cows and heif
ers, 2"c higher: canners. 10c to 15c higher:
i ulk, $3.25®3.50; bulls, strong: bulk, s4’7s®
5.50; vonl cnlves, top. $14.75: bulk, $14.00.®
14 .‘0; stockers and feeders, slow.
Ilogs—Receipts. 17,000; slow; undertone,
weak: 70 r to 80c below Saturday’s best
time, rr 35c to 50c lower than the average:
ton, $11.35: common price. $11.00; ' bulk.
slo.oo® 11 25: nil classes sharing in the de
cline: quality fairly good; large percentage
of lights and pigs.
Sheepßeceints, 3.000: no sales; prospects
lower on lambs and sheep; bidding 50c low
er on heavy fed lariibs weighing over 90
pounds
LOUISVILLE. Ky., Nov. 22.—Cattle—Re
cents, 1,200. slow, lower; heavy steers,
$10.00®10.50: beef steers, $5.50®9.00:
heifers, $5.00®8.50; cows. $3.00®7,00:
feeders. $6.00®9.00; stoefeejs. $4.00®7.00.
Hogs—Receipts', 3.600: ?5c lower: 120
pounds up. $11.25: pigs, $9.25@10.75:
throwouts, $9.25 down.
Sheep—Receipts, 50: steady; lambs.
$12.00; sheep, $5.00 down.
Liberty Bonds
NEW YORK, Nov. 22. —Liberty bonds
closed :
3%’s $ 92.18
First 4’s 87.10
Second 4’s M 86.10
First 4’/('s 86.90
Secind 4’4’s 8’6.14
Third 4',i’s 88.86
Fourth 4V t ’s 86. 40
Victory 3%'s 96.02
Victory 4«is’ 96.00
NAVAL STORES
SAVANNAH, Nov. 22.-—Turpentine, steady,
92 1 /.c; sales, none; receipts, 321; shipments,
10G-; stock, 16,880.
Rosin, quiet: sales, none: receipts. 772;
shipments, 2.072; stock. 63.610. Quote: B,
D. E, F. G, 11. I, K, M, N, window glass,
water white, $ll.OO. _
Memphis Packing Plant
To Be Opened in January
MEMPHIS, • Tenn.. Nov. 22.—The
plant and stock yard of the Memphis
Pack’ng corporation will open for
opetat<>n on January 3, J. L. Mc-
Cabe, general manager of the yards
announced today. Workmen are rap
idly completing the yards and plant
in preparedness for what, promises
to he< ome the largest southern meat
packing plant.
The stick ya'ds will be conducted
on an opt n competition plan, McCabe
said. Commission men will be ir?s
ent and the stork will be bought bv
the highest Ridder.
GRAIN
CHICAGO, Nov. 22.—Wheat prices drop
ped today to the lowest level yet, although
it Is now 71 days since the grain market
began to fall. Opening prices, which varied
from the same as Saturday’s finsh to 3%c
higher, were followed by tumbles which re
ceived no important check until the market
had reached December and 155 March.
Wheat closed extremely nervous, at
to 9c net decline.
Corn gave way with wheat.
Corn closed firm at 14 to 2%c net ad
vance.
Oats reflected the weakness of other ce
reals.
Lower quotations on hogs and grain pulled
down provisions.
CHICAGO QUOTATIONS
The following were the ruling prices In
the exchange today:
Prev.
Open. High. Low. Close. Close.
WHEAT—
Dec 1.70% 1.70% 1.57% 1.60 1.68%
Mar 1.62 1.62 1.52% 1.55 1.58%
CORN—
Dec 65 65% 62% 64% 64%
May .... 70% 71% 68% 70% 69%
July .... 72% 72% 69% 72 70%
OATS—
Dec 44 44% 42 42% 43%
May .... 48 49% 4T 47% 48%
July .... 48 48 47 47% 47%
PORK—
Nov 23.50 24.50
Jan 22.80 22.80 22.00 22.00 23.00
LARD—
.' 18.-15 19.02
Jan 14.65 14.72 14.10 1-1.17 14.77
May 13.57 ....
KiBS—
Nov. ... , 18.50
Jan 12.60 12.60 12.00 12.05 12.70
RECEIPTS IN CHICAGO
Today.
Wheat 16 cars
Corn 77 ears
Oats 46 cars
Hogs 52,000 bead
VISIBLE SUPPLY
Wheat decrease $1,482,000 bushels.
Corn, decrease, 1,677,000 bushels.
Oats, decrease, 638,000 bushels.
Rye, increase, 080,000 bushels.
CHICAGO CASH QUOTATIONS
CHICAGO, Nov. 22.—Wheal: No. 1, hard,
$1.07@1.70%; No. 1 mixed. $1.68.
Corn—No. 2 mixed, 63%@61c; No. 3 yel
low, 67® (IBc.
1 Oats—No .2 white, 46%@47%c; No. 3
white, 44%®45c.
Rye—No. 2. $1.47%@1.49.
Barley—6s®93c.
Timothj’seed—ss.so® 6.50.
Cloverseed—sl2.oo® 20.00.
Pork—Nominal.
Lard—slß.4s.
Ribs- —$13.25 ® 15.75,
, ST. LOUIS CASH _ QUOTATIONS
ST. LOUIS, Nov. 22.—Cash: Whe,at—
No. 2 red winter, $1.80@1.82; December,
$1.62%; March, $1.54.
Corn —-No. 2 white, 75c: No. 3, 65e; De
cember, 66%c; May, 70,%.c.
Oats—No. 2 White, 46%®47%c: No. 3,
46%@47%c; December, 45%c; May, 48c.
GRAIN MARKET" OPINIONS ,
Bartlett, Frazier & Co.: Wheat lacks
bnying support of a permanent character.
Oats show no signs of strength yet.
■Clement. Curtis & Co.: Any one making
sales of wheat now should protect with stop
loss orders. Advise caution on the short
side of corn.
Harris, Winthrop &• &Co.: We are in
clined to believe further declines are prob-’
able.
NEW YORK PRODUCE MARKET
NEW YORK, Nov. 22.—Flour: Unsettled
ami lower.
Pork —Quiet; mess, $31.50®32.50.
Lard—Dull and lower; middle west spot,
$19.25.
' Sugar—Raw, weak; centrifugal, ju-test,.
5.76: refined, quiet; granulated, 9.00®;9.50
Coffee —Rio No. 7, on spot, 7@7%c; No.
4 Santos, 10%®.11c.
Tallow—Weak; specials. 7%c; city, 7c.
Hay—Easier; No. 1, $1.85®1.95; No. 3,
$1.55®1.G5; clover, $1.45® 190
Dressed Poultry—Firm; turkeys, 41®62c;
chickens. 31® 45c: fowls, 25®, 12c; ducks,
Long'lsland, 30®43c
Live Poultry—Firm: geese. 28®32c:
ducks, 35®'37c: fowls, 20®34c; turkeys. 42
®soc; roosters, 22c; chickens, broilers, 30
® 31c.
’ Cheese—Firm; state milk, common to spe
cials. 20®29c;: skims, common to specials,
10® 20 .
Butter, steady; receipts, 11,981: creamery,
extra, 65c; do. special market, 65%®66c;
state, dairy, tubs, imitation creamery, firsts.
38®62c, 40®52c.
Eggs, steady: receipts, 11,453: near-by
white fancy, $1.08; near-by mixed fancy,
67®93c; fresh firsts, 76®88c; Pacific coast,
Gsc@sl.oß.
METAL MARKET
NEW YORK, Nov. 22.—Copper, nominal:
electrolytic, snot and nearby. 14 %® 15c.
Iron, quiet: No. 1 northern.’ $45.00®4(1.00;
No. 2 northern, $44.00®45.00; No. 2 south
ern. $38.00®40.G0.
Tin. easy: snot and nearby. $36.25®'36.50:
futures. $37.60® '37.25. Antimony, $6.00.
Lead, easier: spot $5.75®6.50. Zinc, quiet:
East St. Louis delivery, spot, s(>.oo®
6.12%.
LONDON.—Standard copper, spot. 78
pounds 12s fid; futures? 79 pounds 2s fid:
electrolytic, spot, 90 pounds; futures. 92
pounds;’ tin. spot, 231 pounds ss; futures,
234'pounds ss: lend, spot 30 pounds 15s:
futures, 29 pounds 15s; zinc, spot, 34 pounds
10s; futures. 34 pounds 17s fid.
CHICAGO PRODUCE MARKET
CHICAGO, Nov. 22.—Butter: Creamery
extras, 58c; creamery standards, 55%c;
firsts. 47® 57c; seconds. 42® 43c.
Eggs—Ordinaries, 58@62c; firsts. fi9®7oc.
Cheese—Twins, 24c:' young Americas.
22 %c.
Live Poultry—Fowls, 15®19c: ducks, 28c:
geese. 24c: springs. 23%e; turkeys, 40c;
roosters. 16%c.
Potatoes—!) cars; Wisconsin and Minne
sofa (per 100 lbs.). $1.75®2.101
Mystery Fish Flock
To Washington Lake;
Caught in Buckets
VALLEY. Wash.—Wait’s Lake, tw
miles west of this place, has its
“mystery fish.” It has a dark red
body, its upper jaw is humped and
set with long, sharp incisors that
can cut a nasty wound.
Apparently from nowhere the fish
made tlfeir appearance in the wa
ters of the lake, which is only a
mile long and half a mile wide. One
day there was no sign of them, the
next day they were there by the
thousands.
They will not bite a hook, but
“school” in such numbers that at
times they ‘forrri a solid mass of
finny backs stretching from bank to
bank of the feeding creeks.
In size they range from 18 inches
to 20 inches in length, and weigh
between one and a half and two
pounds. People are coming to the
lake with sacks and tubs and carry
ing away their winter’s food supply
by the hundreds of pounds. They are
catching the fish with pitchforks,
clubs and with their hands.
Experts who have examined the
fish are at a loss how to classify
it, other than to surmise that it
may be some species of the land
locked salmon.
EIGHT ARE NABBED
IN ALLEGED FAKE
RACING SWINDLE
(Continued from Page 1)
ties of paraphernalia similar to that
found in the two previous raids
were captured by the officers in a
search of the premises. A tefrigera
tor containing more than /it'ty bot
tles of i.’ed Bevo was in the rear
room, and the suite of rooms gave
the appearance of having recently
been placed in readiness for a
“meeting” of the “syndicate” Sat
urday night.
This was borne out a few min
utes later when the bell rang, and
two young men were admitted by
Officer Minor.
“Where is Mr. Mcßride?” asked
the men, evincing surprise at the
presence of officers.
“We’re transacting Mr. Mcßride’s
business for him tonight, and do
not expect him in during the eve
ning,” replied Solicitor Boykin.
“What can we do for you?”
The men said they had called to
inquire how they “came out” in the
last horse races. The solicitor or
dered the men held, and while he
had them in a back room grilling
them, other "callers” were admitted.
Each of the men said they wanted
to see Mr. Mcßride. None of them
would talk about the kind of busi
ness Mcßride engaged in, nor would
they state why they had called at
the rooms. All of them apparently
were determined to adhere strictly
to- the sign on the wall in the mid
dle, or reception room, which read:
Sign Cautioned Silence
“The creator gave you two ears
and only one tongue, so you could
hear twice as much as you say.”
Bulletins«purporting to give the
latest entries in the horse races
■were found in all parts of the apart
ment. as well as various telegrams,
believed by Solicitor Boykin to be
bogus, which were signed by New
York sharkers, authorizing the
“United Turf Exchange, Atlanta
branch,” to draw on them for vari
ous large amounts, some as high as
$150,000.
Solicitor Boykin and Assistant So
licitor Stephens asserted they were
positive that the same gang operat
ed all three of the places they had
raided.
“It’s the biggest and cleverest
confidence game ever operated .in
this part of the country,” they said.
Several times while the officers
were searching the room, the tele
phone rang. Usually the man asked
for was “Mr. Mcßride.” One woman
demanded to know how she stood
with the “company” on the last
week's races.
The men arrested were released
late Saturday night by Solictor Boy
kin after he had served them with
copies of charges and had grilled
them at length. He stated he had
received valuable information from
these men, which he believed would
aid him early next week in appre
hendinf r he master crooks who are
hending the master crooks who are
Other Saids J?i’omised
“This man Mcßride they have been
asking for,” said the solicitor, "is
one of the managers of the confidence
game. If he has not left the city
we’ll nab him shortly. He was in
charge of the rooms here, and in ad
dition to operating his fake racing
scheme, I believe he sold liquor and
ran la gaming table.”
The solicitor said he intended to
raid still othei- places early next
week. • ;
“I have started .on the warpath
now, I intend to keep right after
’em until I run down the brains of
this gang of criminals,” he declared.
He vigorously criticized the de
tective department of the city of At
lanta for what he called their
“negligence in allowing places like
this to remain in operation.” The
solicitor declared “there was some
thing very queer about it all.”
Solicitor Boykin said he would
withhold for the present the names
of the men arrested in the Central
avenue raid. “I do not think’it would
be wise 'to give out their names at
this stage of the game.” he said.
As had been the case in the West
Peachtree raid, no one was in the
Broad street rooms when they were
raided.,,
An occupant of offices on the
second floor of the Broad street
building, told the solicitor that
a number of men frequented the
place almost nightly, but that he had
never been able to learn what their
business was. City detectives, this
man said, had raided the place sev
eral days ago, but had made no ar
.rests, nor had they returned since.
. This statement was verified by So
licitor Boykin, who declared the ex
istence in the very heart of Atlanta
of swh “dens” was “a disgrace on
the fair name of Atlanta and a re
flection on the city’s police and de
tective forces.”
Mr. Boykin said that “the people
are practically unprotected, as mat
ters now stand.” He asserted he had
taken the wire-tapping case into his
own hands for the reason that he
was desirous of “securing immediate
and satisfactory results.”
Alluring Messages
Continuing their search of the
Broad street suite, the officers found
hundreds of telegrams addressed to
H. A. Richie, purporting to be from
stock exchanges and financiers in
New York, authorizing him to draw
for sums not exceeding SIOO,OOO,
advising that “checks are coming
forward for fifteen thousand,” inquir
ing as to “results of the $50,000 re
cently placed with you,” and vari
ous other messages, which the offi
cers say were calculated to lure
prospective customers.
Next, the officers uncovered several
’ quarts of whisky in a closet. In
another room, stationery bearing the
name “Fishbaugh & Lee, 70 1-2
Peachtree street.” was found in large
quantities. A large supply of sta
tionery bearing the same name was
taken in the West Peachtree raid
made earlier in the day, Solicitor
Boykin s»id. He intimated that he
would lead his party on other raids
later. All paraphernalia and other
evidence found in the places raided
was carted to the solicitor’s office in
the courthouse.
household Equipment
Sleeping quarters had been estab
lished by the members of the “syn
dicate” in the third room at 35 1-2
South Broad street. Two beds, a
dresser, several suits of clothes, and
a number of toilet articles were
found. In the adjoining room a gas
heater and an electric stove were
found, with a sideboard containing
canned goods in large quantities and
a plentiful supply of dishes and oth
er household equipment.
Alluring, gold-adorned certificates,
purporting to be certificates of iden
tification by the American Invest
ment company, of New York, author
izing H. C. Richie to draw on it
for any amount up to $300,000. were
found in one of the rooms. Solicitor
Boykin said that Richie was in At
lanta less than three days ago, and
that his men are now hot on his trial
“But a gang who can establish head
quarters in a den like this are
smooth.” he added, “and I don’t say
positively we will be able to run him
or his associates down right away.
But we’re going to get ’em before
we stop.”
Membership cards in the “Inter
national Exchange” and numerous
other alleged organizations were
discovered in the search. Literature
containing the name of the “United
Turf Exchange,” capitalized at $25.-
000,000, was found in considerable
quantities.
Had Fine “Connections”
There were bulletins showing the
entries in all the current races, and
other letters and telegrams indi
cating that the “company” had per
fect liaison with the stock exchanges
of New York.
Headquarters of Gang
"This den.” said Solicitor Boykin,
“was undoubtedly headquarters of
the swindlers This is where they
planned their gigantic schemes, gave
instructions to their agents and spot
ters and arranged all other details
of their operations. There can be
no doubt of that.
“Probably most of their intended
victims were first brought to this
place. Here they showed the vic
tim their ‘credentials,’ flashed great
rolls of bogus money in his face and
almost staggered him, gave him
something good to eat,, topped it off
with a drink of select whisky and
otherwise treated him like a prince.
“Their treatment of their custom-*
ers in these rooms generally paved
the way for an easy haul the next
day, for members of the gang, accord
ing to my Information, appeared as
high-class gentlemen in every re-
spect, and undoubtedly made fine im
pressions on their intended victims.”
Mr. Boykin said one of the victims
of the gang, whose name was with
held—had told him the swindlers
never allowed a victim to escape
from their sight from the time they
first took him in charge until they
had secured possession of his bank
roll.
“This victim, told me,” continued
the solicitor, “that one of their mem
bers met him at the train, took him
to a leading restaurant, bought him
the finest dinner to be had, and then
escorted him to these rooms. He said
their dealings were very business
like and that they impressed him as
being high-toned gentlemen whom
he could trust without question.
“Then they took their visitor to
a good hotel, but one of their men
stayed in the adjoining room to- see
that he did not communicate with
anyone during the night. The next
day the customer was taken to the
Peachtree street office and introduced
to the manager, who refused to talk
business with him until he t had first
shown him how their patrons cleaned
up on the races.
“After the victim watched for an
hour and saw a number of men rush
in.'lay down their money, then draw
it back a few minutes later, exactly
doubled, he asked to be allowed to
bet on one of the horses that appear
ed to be going good, and they took
his money. Before the day ended the
man I have in mind had donated sll,-
500 to the swindlers.” rnidinE
Some members of the raiding
party, said the apartments at
ments at 35 1-2 Broad street were the,
35 1-2 Broad street weie the most,
perfect headquarters for a .gang
of crooks they had ever seen. ihW
were barricaded in here in
wav that if officers had visited
them while they were at home, they
would have found it extremely dif
ficult to effect an entrance Why
they could have used then peep
outs” and seen them coming if it
had been day time; if they had raid
ed them at night, thew Signal sys
tern would haVe warned the gang,
and in day or night the place was
securely locked, screened and fast
en/d, he asserted.
A. city license bearing the name
“Dunning Tailoring and Pressing
company,” hung on the wall of the
Broad street apartments. Stationery
bearing this same name also was
found in the 'rooms.
Elaborate Furnishingfl
In the raid Saturday morning on
rooms 302, 303 and 304 Southern
Banking building, Solicitor Boykin
and his squad unearthed the offices
where the solicitor is certain tne
“company” transacted its buxines?
with the public. Entering the suite
of rooms through No. 302» the
tomer found himself in an elabor
ately furnished (reception room, filled
with lounges and easy chairs with
expensive rugs covering the floor.
This room opened into the “cashier’s
office,” equipped with a desk and
railing, writing desks, telegraph
blanks, bulletin boards, racing bul
letins, telegraph tickers, callers, and
other equipment which gave to the
office every appearance of the head
quarters of a flourishing businass
concern.
The third office was marked “pri
vate,” and it is said was used by
a member of the gang who posed
as the manager of the company. In
this office, said the officials, were
gobus "credentials” from New York
bankers and other prominent con
cerns certifying that the company
was thoroughly reliable, and author-:
izing drafts by the company for large
amounts.
It is said that at 25 West Peach
tree the syndicate employed the name
of the “United Turf Exchange.” Sta
tionery found in the offices purport
ed to show that the company was
capitalized at $25,000,000.
Everybody Winning
H. C. Holley, of Aiken, S. C., told
of his visit to the offices, and how
he. left minus the SII,OOO he car
ried with him.
“The races seemed to be going on, ’■
he said. cashier was busy pay
ing out money to alleged customers
who came in; employes were mark
ing up results on the bulletin boards;
callers were announcing the winners
of the last races, and the place was
fairly humming with activity—and
everybody seemed to be ‘in good
spirits and pulling down heaps of
money. The thing looked so real, I
just fell for it.”
Wade Lamar, another Aiken, S. C.
farmer, who says he came near to
dropping SII,OOO to the gang,
told how he was lured into the com
pany’s offices by a man he met on
the downtown streets, who called
himself Tom Moore. “Moore was a
well-dressed fellow, appeared to have
lots of money, and treated me very
nice,” said Mr. Lamar. “We passed
a young man, and Moore asked him
how he came out on his racing bets
yesterday. He replied that he won
$42,000, and was gojng back to the
offices in a few minutes.
Moore asked me if I wanted to
go up and pickup a little easy money,
so we were soon in the “cashier’s
office.” at 25 West Peachtree street.
Moore, and other members of the gang
introduced me to several boosters
who were busily engaged in placing
large fake bets on favorite horses.
The game was explained to me. They
said when the horses came across
the finish line in the big races, the
news was flashed to the whole world.
They said their private wires gave
them the results before they reached
the bookmakers, and said that when
the winning horse was revealed, the
idea was for me to place a big bet
on him before the bookmaker knew
the race was over.”
Mr. Lamar said he became "wild
with excitement,” and was fast be
ing lured into betting everything he
had* on the races, when a sudden
“hunch” told him to leave the place.
“Everything in the office gave the
appearance of prosperity, and there
was a wealth of equipment which
gave every indication of being gen
uine,” he said. "The rapidity with
which they paid out large sums of
money to the winners and the ap
parent land office business the com
pany was doing, practically stagger
ed me, and if 1 had remained with
them thirty minutes longer, I feel
sure they would have fleeced me out
Os the $84,000 I possess.”
Solicitor Boykin said Saturday
night he was following clues which
he believed would lead to arrests of
other members of the “wire-tap
ping” gang within a few days. “I have
received considerable valuable infor
mation during the day which may
enable me to apprehend them —or
some of them right away,”
The solicitor said he did not in
tend to call on the police or detective
force. “The police and detectives
have had their chance to rid Atlan
ta of these joints and these gangs
of criminals, but they have failed
to get the desired results. Now I
have taken matters into my own
hands, and with my assistants, I am
going to get to the bottom of this
tremendous swindle and arrest all the
guilty parties' if such a thing is
possible,” he said. i
The arrest of Abe Powers—alleged
to be a member of the syndicate, was
effected Friday afternoon when he
was recognized on the downtown
streets by Mr. Holley, the man he
is alleged to have victimized. Pow
ers has stubbornly refused to talk
in his cell at the tower, and Solicitor
Boykin said he doubts that the man
will divulge any information which
may be of assistance in apprehend
ing the remaining members of the
gang.
“Anyway.” said the solicitor, we
are about to get at the bottom of
Atlanta’s biggest swindling game,
and we are close on the trail of sev
eral members of the organization.”
Dead Man Cast Vote
In Alabama Election
GADSDEN, Ala., Nov. 20.—A dead
man actually voted and the vote was
counted in Blount county in the gen
eral election on November 2. W. A.
Parrish, of Pocahontas precinct, that
county, was ill in a Gadsden hospi
tal prior to the date of the election
and’ mailed his ballot in due and
regular form to the managers of
this precinct. It was deposited and
counted. Parrish died on the morn
ing of November 2 before the polls
were opened. The managers did not
learn of the death of Parrish until
the returns had been certified to the
county election commission, which
ruled that the vote was legal.
S'UKSIJAi', NOv JBIMBjGR 2S, TDZU.
PREDOMINANT SPIRIT
OF CONFIDENCE IS
REFLECTED IN SURVEY
(Continued from Page 1)
circulars have cautioned people con
cerning it. and while the readjust
ment has come—in some instances
a little too suddenly—in the main
it is healthy and to be desired. Th' -
south is a favored part of America,
and America is the hope of the
world. We are not going to suf
fer from I coal shortage to any
serious extent. We have had good
crops generally, and while the prices
are not as high as some particu
lar growers of different commodi
ties would wpsh, yet in the inter
est of the whole people a shrinkage
of values was necessary and proper.
When we get to normal, things will
be better. There will be less waste.
There will be more production. Con
sumption is greatest when things
are cheaper. People are happier
when consumption is greatest, if it
be on sane lines,
“Our section should have been pre
pared, and I believe is prepared, for
these changes in values. Our peo
ple have stood the test of very much
worge times than these are. They
have shown their patience, their
pluck and push during all wars, and
consequent to them when times were
even harder than they were during
the wars themselves. I believe in
the southern people, have confidence
in them, and in a little while be
lieve they will be more solvent and
prosperous than ever before. I see
nothing but present readjustment
and future prosperity. It will take
some while, naturally, to get things
on the new basis, but after they
are there, it will be better for all
of us.” i
Fuller E. Callaway, president of
twenty-three manufacturing, com
mercial and financial companies, La-
Grange: “Now that we are actually
experiencing it, any one , can see
that the present deflation and de
pression is the natural reaction from
the excessive inflation of the war
period. Trying, even painful, as it
may be for most of us, we should
take heart from the fact that it is
a necessary preliminary to our get
ting back on a solid foundation in
spiring confidence and from which
a fresh start can be made. I think
the most important thing is for us
not to lose our heads or our nerve.
This country has passed through
some real panics in the course of my
comparatively short lifetime, and I
remember feeling those of 1893.
1907 and 1914 in particular, because
I was actively in business during
each of these. In the present case,
our fundamental conditions are so
much more sound and strong that
I do not see how we can possibly
have as serious depression as any
of those Which have gone before,
unless we become panic-stricken.
Marshal Foch said, in effect, that no
battle was ever Jost until it was
first lost morally, which is only
another way of saying that one is
never beaten until he himself gives
up.
“In business as in war, the man
who shows himself ‘yellow’ justly
receives the contempt of his fel
lows. The present situation will
bring about a supreme test of char
acter for many. Those who stand
up and courageously meet each trial
as it comes will emerge stronger and
better fitted to reap the harvest of
the good times which will surely
follow the present shaking out and
settling down to a sound bed-rock
basis for business.”
J. K. Ottley Optimistic
John K. Ottley, president Fourth
National bank, Atlanta: "A recent
utterance of President-elect Harding
seems worth bringing to the atten
tion of those people who view busi
ness conditions through blue gog
gles and who claim to see breakers
ahead: •
“‘Everybody will remember that
when the war broke out it was well
.nigh universal observation that ‘the
war cannot last more than six
months or a year, because economic
exhaustion will starve it to death.’
That was the sincere opinion of a
majority of people who were sup
posed to be wisest. Yet, instead of
ending in six months or a year, the
war lasted four years and a quarter,
the rate of economic waste was im
measurably larger during most of
that period than, at the beginning,
anybody had imagined it might be;
yet, as a whole, the world came out
of the struggle with its social or
ganization intact, and prepared to
take up the huge tasks of debt-pay
ing and reorganization. In a very
few years, We will all look back
to this period of ferment and un
rest which has followed the war,
and smile charitably at the predic
tions of avulsion, or revolution, of
social collapse and economic disas
ter. The truth is that at no pre
vious stage in its history has hu
man societv been so well organized
to maintain itself and care for its
units, human and social, under a
terrific strain, «as in this epoch. Bad
as conditions indubitably are in
many parts of Europe, they are not
comparable to those which prevailed
after the Thirty Years’ War or the
Napoleonic era. Whoever wishes
reassurance for today and tomor
row has need only to go back and
study the history of yesterday and
the day before.
“Readjustment is a process re
quiring steadiness and courage, plus
a determined optimism. I can see
nothing to be gained by lamenting
and fretting over conditions that
'can be improved only by sincere
effort and a cheerful spirit of co
operation. As I have repeatedly
said, our great shock-absorber, the
federal reserve system, is in fine
Wo r rking order. In order that its
efficiency may have greater scope,
it should have the membership of
more banks. I believe that as the
people generally come to a clearer
understanding of the benefits Which
it is in the power of the system to
confer upon them, there will be a
significant gain in the number of
banks seeking membership. As op
portunity offers, therefore, it will
be important to emphasize this
phase of the situation.
‘The period of convalescence is
always a trying one. There must be
care, steadiness and a good courage.
The nation has been terribly sick,
but she is in a fairway to be ail
the better for it, provided she will
think normally, exercise due control
and sit steady in the boat.”
Mills F. Lane’s Vision
Mills B. JJane, president Citizens’
and Southern bank, Savannah: “At
first blush, (many would say that
conditions in Georgia are very se
rious. HowevOr, if you will go
back and review the situation, you
will find that prior to the war far
mers in Georgia owed large sums
of money on their farms to loan
companies throughout the country,
as well as to local banks and mer
chants, for supplies. The farmer,
however during the past six years,
has made an unusual profit in the
production of cotton and other crops
of various kinds, all of which have
brought record prices, and during
last year the farmer had consider
able cotton on hand which was car
ried over from the previous year’s
production, as he had no use for the
money, and many of them thought
that cotton would go higher, as the
crop was not an average one, and
they had not made a normal crop
for two years. Therefore, last year
the farmer , had all of his last year’s
crop and a portion of the crop of
the previous year to market, and
marketed it at the very highest
price cotton had been for a num
ber of years. ■ *
“Many farmers paid out of debt.
I know some cases where the far
mers paid interest for three years
In order to clear their plantations
of debt. Many of them bought lib
erty bonds and other securities, as
well as improved their plantations
by building new homes, clearing the
land of stumps, etc., so that they
could cultivate same with improved
machinery, and with less expense.
Therefore the farmer started out
with the production of his 1920 crop
out of debt, with a good home,
plantation generally in better condi
tion, and with menty of money to
make his crop. Therefore he is at
the present time able to hold his
cotton, and I believe will do so un
til there is a better demand for it.
The fertilizer man cannot press him,
and the merchant cannot press him,
as he does not owe them but very
little money, and the little that he
does owe, the country banker will
lend him on his cotton, properly
warehoused and insured, to make
payment, and from the farmers'
standpoint, the situation is very
comfortable. ’
“The merchants in the country
have large stocks of goods which
they hope and expect to sell during
the next ninety days, which is the
usual time for merchants through
out the United States to have their
biggest sales, and if they do, and
there is every reason to believe
they will, they will be in the mar
ket for goods next spring, as they
have not contracted for future de
livery of goods as they have in the
past, and when they go into the
market for goods they will find that
the manufacturers have not made
the goods, for the reason that money
has been very high, arid hard to
get even at the high rates, and it
would be a great speculation cn
their part to buy the raw material
and make the goods with the hope
of getting a profit. The merchant
will, therefore, have, to wait for his
requirements. The manufacturers
will be in the market for raw ma
terial, thereby making a big demand
for all kinds of commodities, and
I believe that we will see much
l.igher prices during the early spring
and summer months than we are
having at this time.
“The truth of the matter is I
do not think we have an over-pro
duction of anything, but the panic
in cotton and sugar has depressed
all commodity prices, and as soon
as the cloud passes over, I am an
ticipating a very prosperous period
for this section. The only remedy
I see at this time is for every man
in the banking business to be as
liberal as good business judgment
will allow in making loans to those
who actually need the money in
the conduct of their business. I
further believe that if the federal
reserve bank would reduce its rate
from 7 per cent to 5 or 6 per cent
that it would stimulate matters and
encourage people to go out and do
something rather than to mope and
grieve over recent losses caused by
the decline in commodities.”
Savannah Merchant’s Views
Leopold Adler, Adler’s department
store. Savannah: “I am a strong be
liever in and advocate of the south’s
continued prosperity and! feel that
the present reaction of’ business
conditions will be of short duration
and that we will, before the end of
the year, see a change from uncer
tainty to certainty. The present
downward trend of prices In all
commodities, together with the fact
that labor is now giving a * full
day’s work for a full day’s pay,
are evidences that conditions are
adjusting thbmselves, and I enter
tain the most optimistic views for
the future prosperity of Georgia
and the south.”
J. ,K. _Orr, president J. K. Orr
Shoe' company, Atlanta: “The coun
try generally is in a transitory pe
riod* We were getting along very
well until we had a pain. The doc
tor gave us a mustard plaster when
we wanted a poultice, and 4t made
us sweat. We have been climbing
a hill and now e are. going down.
It was 'leasant up to the point
where we’reached the peak. When
we get to the > we had to go
down bv steps and stages and the
first few steps jarred us, because
we stepped down too quickly. I
think the best prescription for the
situation is the Golden Rule. Let
the farmer do to the fellow at his
end of the line what he would have
this fellow do to him. He should
pay the man who lent him money
to "-ake his crop. That man has got
some rights as well as the farmer.
If he can’t pay all let him pay half
now and pay the rest»as soon as
he can. Let the country merchant
do the same. That will enable every
body to get by. That is the most
reasonable solution.
All TMF CIF Persian Ivory
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k free for selling only 12 of our new Gio-1
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i
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MEN WANTED—I want a few more men
to train as draftsmen. Experience not
necessary. Draftsmen earn $l5O to S3OO per
month and more. Big demand. Splendid op
portunities. Learn quickly at home. Let me
send you free lesson. No charge. Address:
Charles W. Morey, director, 2272 Chicago
Tech bldg., Chicago, HL
MEN—We guarantee to teach you the bar
ber trade; scholars complete in 4 weeks;
income while learning. We own shops.
manent positions guaranteed, (white only).
Jacksonville Barber College, Jacksonville,
Florida. -
MEN—Age 17 to 45; experience unneces
sary; travel; make secret investigations,
reports: salaries; expenses. American For
eign Detective Agency. 322, Bt. Ixiuis.
BE a detective, SSO-SIOO weekly; travel
over world; experience unnecessary.
American Detective Agency, 1013 Lucas,
St. Louis.
MEN-BOYS —Become automobile experts,
845 week. Learn while earning. Write
Franklin Institute, Dept. E-822, Rochester.
New York.
MEN WANTED for detective work? Ex
perience unnecessary. Write J. Ganor,
former U. S. gov’t, detective. 108, St.
Louis, Mo.
\ DETECTIVE—ExceIIent opportunity;
good par, travel. Write C. T. Ludwig.
168 Westover bldg., Kansas City, Mo.
WANTED KELP—rEMALE
AMBITIOUS girls, .women over 17 wanted,
U. S. government positions; $135-$195
month. List positions free. Franklin Instl
tute. Dept. E-862, Rochester, N. Y.
LEARN dress-costume designing. Designers
earn $45 week up. Sample lessons free.
Franklin Institute, Dept. E-870, Rochester,
New York.
WANTED MELP— Male-Penial*
THOUSANDS men, women over 17, now
wanted., U. S. government positions. Rail
wav mail clerks, city carriers, file clerks,
$1,400-$2,300 year. Vacation. Special pref
erence to ex-service men. List positions
free. Urgent. Franklin Institute, Dept.
E-87, Rochester. N. Y.
WANTED —Agent*. _______
$6,000 A YEAR is your profit from 4 sales
a day. Davidson «old 96 one week. No
experience needed. The Aladdin light is a
sensatijn wherever Introduced. Hye ti™ 6B
as bright as electric. Won gold
Farmers have the money; they need this
light, and 9 out of 10 will buy. Also big
opportunity in small towns and suburbs.
Excellent spare time and evening seller. NO,
CAPITAL REQUIRBD. Sample on free
trial. Write for agency proposition while
territory still open. MANTLE LAMP COM
PANY, 516 Aladdin bldg., Chicago.
WANTED —County agents; an opportunity
of life time; our men making $25 to $.->0
a day handling subagents: live, active man,
with car; be quick to get this. Mr. But
terfield, Mgr.. 809 W. Adams st., Jackson
ville, Fla.
WE PAY $36 A WEEK and expenses and
give a Ford auto to men to introduce poul
try and stock compounds. Imperial Co.,
D-30. Parsons, Kan.
Autos ale
SEVERAL 1918 FORD TOURING CARS
Rebuilt, new tires, repainted; must he solo
at once. 761 Whitehall st., Atlanta. Ga
Call for Johnnie Aikens.
ONE FORD WORM-DRIVE TRUCK
1918 model, in A-) shape, new tires, chassis,
panel or express body. 761 Whitehall st..
Atlanta. Ga. Call for Johnnie Aikens.
FOB .SALE— FLA NTS ____ ___
CABBAGE PLANTS—Large, thrifty GIANT
FLAT DUTCH and EARLY DRUM
HEADS. 300. SI.OO : 500, $1.50; 1.000. $2.50;
5.000. $12.00; parcel postage prepaid. EVER
GREEN PLANT FARM, Evergreen, Ala.
FBUITS
ORANGES $1.75 per bAshel; grape fruit
$1.50. Send money with order. Mc-
Eachern Brothers. Fort Green Springs, Fla.
STATE BANKS LOSE
COURT FIGHT FOR
PAR CLEARANCE
NEW ORLEANS. La., Nov. 20.
Federal reserve banks can collect
checks of non-member banks at par
over the counter, and federal re
serve banks can only be sued in the
federal courts, the United States cir
cuit court of appeals ruled here
in deciding the case of the
American Bank and Trust company
of Cordele, Ga., against the Federal
Reserve bank, of Atlanta.
The American Bank and Trust
company of Cordele, Pitts Banking
company, Pitts, Ga.; Bank of Sale
City, Sale Cfty, Gn.; Bartow Bank
ing company, Bartow, Ga.; the
Farmers’ bank, Abbeville, Ga.; Ban):
of Newton County, Covington, Ga.;
Citizens’ bank, Helena, Ga.; Bank
of Collins, Collins, Ga.; Bank of
Manchester, Ranchester, Ga.; Farm
ers’ and Merchants’ bank of Lumber
city, and Butts county, Ga.; Farm
ers’ bank of Jenkinsburg, and Ex
change bank, of Cordele. Ga.; applied
to the superior court of Fulton
county, Ga., lajst year for an injunc
tion to stop the Federal Reserve
bank of Atlanta from collecting
checks at par over their counters.
The Federal Reserve bank had the
case moved to the federal court of
northern Georgia. Here the injunc
tion was denied the Georgia banks
and they appealed to the circuit court
from the decree dismissing their bill
of petition for want of equity, on
the ground that the Federal Reserve,
bank came under the national bank/-
ingjict and was subject to the laws
of Georgia and all claims against it
should be prosecuted in the courts of
the state of Georgia.
Justices Walker and Bryan, of the
circuit court, and Grubb, of the dis
trict court, held that the national
banking laws did not apply to the
Federal Reserve banks, because of
the small number of them and be
cause the “reserve banks are banks
of deposit and discount for other
banks only, and not for the general
public.”
The cour’ also held that the re
serve ba%k can use agents to coir
lect checks ;>f banks at
par over th • counter, although the
other banks wanted them to do so bj
mail or in the usual course of bush
ness.
WILL APPEAL TO
U. S. SUPREME COURT
The decision of the circuit court
of appeals will not eliminate the cols
lection of exchange on checks ex
cept'where they are presented over
the counter, according to the opin
ion expressed Friday afternoon by
Smith, Hammond & Smith, counsel
for the American Bank and Trusi
company, in the suit against tire
Federal Reserve bank.
At the last session of the general
assembly of Georgia, the banking
laws were amended so as to alloiy
state banks to collect one-eighth 0,,
one per cent exchange on all check,
on foreign banks.
It was indicated by counsel for the
state bankers that the case would bi
carried to the United States suprenii,
court.
Montgomery Woman
Again Heads Federation
MONTGOMERY, Ala., Nov. 20.
Mrs. J. Brevard Jones, of Montgom
ery, was rt-elected president oi
the Alabama Federation of Wom
en’s clubs at the final session of the
state convention here. All other
major officers were re-elected for the
coming year. ,
f I
1 I
LrvLrzJ
280-ACRE farm; lies in 3 miles of town, 2611 ;
acres in cultivation, all elevated and for '
tile; good dwelling and 2 tenant houses.;
.several fruit trees and vineyard; perfectly
healthy, church and school facilities good:
S2O per acre; terms if wanted. Box 111, ,
Bradford, Fla.
ale—
sl,ooo --Cash Secures
145-Acre Georgia Farm
00 ACRES productive level fields; prosper-f
ous community, improved road, near*
school, convenient city, all year wire-fenced g
pasture, woodland, abundance timber; goods
Groom house, cool oak shade, fine outlook;.
90-foot barn, cow shed, tenant house, all*
good condition; non-resident owner settling t*
affairs makes low price $5,400, only SI,OOO,
cash, balance easy terms. Details page 30 •
Strout’s Big New Illustrated Catalog Farm}
Bargains 33 States. Copy free. Strout J
Farm Agency, 1210-XBA, Graham bldg., 8
Jacksonville. Fla.
MAGICAI GOODS, novelties, iodestom «
herbs, cards, dice, books. Catalog I
free. G. Smythe Co., Newark, Mo. *
SAW mills, shingle mills, corn mills, watci
wheels, engines DeLoacb Co.. 549, A<-
lanta, Ga.
FOB SALE—LIVE STOCK
JERSEY CATTLE FOR SALE—IOO head"
cows, 2 to 5 years; fresh and near fresh. J
Farmer’s prices. Write us. McCrorey’sJ
Farm, Woodland, Ga. Talbot county.
FOR SALE—TBEES i
REACH AND APPLE TREES AT BARGAIN*
prices to planters in small or large lots by
express, parcel post or freight: 500,000. :
June budded peach trees; plum, cherries ;:
pears, grapes, air kinds berries, nuts, etc.:
shade and ornamental trees, vines and
shrubs. Free catalogue. Tennessee Nur j
sery Co., Cleveland, Tenn.
WANTED—FABMB
GOOD farm wanted. Send description and ♦
price. John J. Black, Chippewa Falls, T
Wisconsin.
PATENTS
INVENTORS should write for our guid> ■
book, “How to Get Your Patent.’’ Tells t.
terms and methods. Send sketch for oui -
opinion of patentable nature. Randolph & 5
Co., Dept. 60, Washington, D. C. j
PERSONAE
SEND for free trial treatment worst forms}
blood disease. Welch Med. Co., Atlanta. I
MEDICAL
PILES can be cured; no cutting, safeTpaTm I
less. I will tell you about it free. Write •
Box 1168, Atlanta, Ga. t
BILES —~.'
FREE information about painless pile cure. ’
No knife. Box 1168, Atlanta, Ga. *
dropsy treatment;
flKJwf 04 T T gives quick relief. Dis J
uSr'i qA I tressing symptoms rapidly j
J * disappear. Swelling and';
short breath soon gone. Often *
entire relief in 10 days. Never •
wOftai, heard of anything ita equal 1
for dropsy. A trial treatment j
BHgSw&gfe? s<mt by mail absolutely FREE,
DR. THOMAS E. GREEN
Box 18> CHATSWORTH, GA. »
CANCER
Its successful treatment without use of the J
knife. Hundreds of, satisfied patients tea e
tify to this mild method. Write for free'
hook. Tells how to care for patients suffer <
ing from cancej. Address ’i
DR. w. O. BYE, - Kansas City, Mo ?
TAD A ff AHabitCured or NoPay
I uDnl/Lu Al) y form quickly con.
v quered. No long wait- ',
ing. Costs $1 if it cures. Harmless. Sent :
on approval. Dr. C. M. Simpson, 102 W. •
44th St.. Cleveland, 0,
BED WETTING REMEDY FREE ’
We supply expert advice and Box PENIN I
without cost.
MISSOURI REMEDY CO., Office 2, '-
St, Louis, Mo.
LEG SORES
Healed by ANTI-FLAMMA—a soothing anti :
septic Poultice. Draws out poisons, etops ‘l
itching around sores and heals while yoit ’
work. Write today, describing case, and get 1
FREE SAMPLE Bayles Distributing Co., .
1820 Grand Ave., Kansas City, Mo.
CANCFR an,i ' r ' imors successfully
vrti’vLlV treated. Pay when re- -
moved. Dr. E. V. Boynton, Fitchburg, Mass. -
7